2A, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9EA - £190,000

2A ORMESBY BANK is a large detached house of 129m², built sometime between 1967 and 1975. It was last sold for £190,000 in November 2003, which was around 39% above the average November 2003 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

2A ORMESBY BANK Sold Prices

Land registry data shows three sales for 2A ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 2A ORMESBY BANK sales were for above 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
2003 28 NOV	£190,000	£136,618	39% above HPI
2003 6 OCT	£150,000	£131,655	14% above HPI
2001 7 MAR	£142,000	£83,250	71% above HPI

2A ORMESBY BANK 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 three 2A ORMESBY BANK sales between March 2001 and November 2003 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 October 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2003 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2A ORMESBY BANK?

2A ORMESBY BANK is 129m² according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 2A ORMESBY BANK lies on this distribution: 71% of detached houses are smaller than 2A ORMESBY BANK, and 28% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

2A ORMESBY BANK: Plot and Title Map

2A ORMESBY BANK sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 2A ORMESBY BANK, 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 2A ORMESBY BANK). 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 2A ORMESBY BANK?

2A ORMESBY BANK is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 2A on ORMESBY BANK.