47, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EZ - £177,000

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

47 LONGBANK ROAD is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £177,000 in October 2023, which was around 28% below the average October 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

47 LONGBANK ROAD Sold Prices

Land registry data shows two sales for 47 LONGBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 47 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
2023 6 OCT	£177,000	£245,601	28% below HPI
2020 9 OCT	£140,000	£203,873	31% below HPI

47 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 two 47 LONGBANK ROAD sales from October 2020 and October 2023 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 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 47 LONGBANK ROAD?

47 LONGBANK ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in February 2019. 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 47 LONGBANK ROAD lies on this distribution: 8% of detached houses are smaller than 47 LONGBANK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

47 LONGBANK ROAD: Plot and Title Map

47 LONGBANK ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 47 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 47 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 47 LONGBANK ROAD?

47 LONGBANK ROAD is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 47 on LONGBANK ROAD.