27, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EX - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 LONGBANK ROAD is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £185,000 in July 2024, which was around 29% below the average July 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

27 LONGBANK ROAD Sold Prices

Land registry data shows four sales for 27 LONGBANK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 27 LONGBANK ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 12 JUL	£185,000	£258,819	29% below HPI
1999 30 JUL	£63,000	£79,491	21% below HPI
1999 12 APR	£32,000	£75,003	57% below HPI
1995 14 MAR	£59,500	£74,509	20% below HPI

27 LONGBANK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 27 LONGBANK ROAD sales between March 1995 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 LONGBANK ROAD?

27 LONGBANK ROAD is 56m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 27 LONGBANK ROAD lies on this distribution: 1% of detached houses are smaller than 27 LONGBANK ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

27 LONGBANK ROAD: Plot and Title Map

27 LONGBANK ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 27 LONGBANK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 LONGBANK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 27 LONGBANK ROAD?

27 LONGBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 27 on LONGBANK ROAD.