Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
55 WILLOWBANK is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £135,000 in May 2021, which was around 33% below the average May 2021 detached price in the Middlesbrough local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 55 WILLOWBANK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. All of the three 55 WILLOWBANK 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 |
---|---|---|---|
2021 21 MAY | £135,000 | £202,853 | 33% below HPI |
2015 7 DEC | £135,000 | £190,746 | 29% below HPI |
2005 7 OCT | £144,950 | £171,778 | 16% below HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The three 55 WILLOWBANK sales between October 2005 and May 2021 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 December 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
55 WILLOWBANK is 66m² according to the EPC inspection conducted in May 2013. 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 55 WILLOWBANK lies on this distribution: 3% of detached houses are smaller than 55 WILLOWBANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
55 WILLOWBANK sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 55 WILLOWBANK, 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 55 WILLOWBANK). 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.
55 WILLOWBANK is located in COULBY NEWHAM, in the TS8 postcode district. The below map shows the position of No. 55 on WILLOWBANK.