55, WILLOWBANK, COULBY NEWHAM, MIDDLESBROUGH, TS8 0SW - £135,000

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

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.

55 WILLOWBANK Sold Prices

Land registry data shows three sales for 55 WILLOWBANK since 1^st 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

55 WILLOWBANK Price Paid vs. HPI Average

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.

How Large is 55 WILLOWBANK?

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: Plot and Title Map

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.

Where is 55 WILLOWBANK?

55 WILLOWBANK is located in COULBY NEWHAM, in the TS8 postcode district. The below map shows the position of No. 55 on WILLOWBANK.