56, WEST STREET, NORMANBY, MIDDLESBROUGH, TS6 0LQ - £112,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 WEST STREET is a very small detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £163,917. It was last sold for £112,500 in February 2012, which was around 36% below the average February 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

56 WEST STREET Sold Prices

Land registry data shows two sales for 56 WEST STREET 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 56 WEST STREET 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
2012 21 FEB	£112,500	£175,603	36% below HPI
2008 14 MAR	£90,000	£195,763	54% below HPI

56 WEST STREET 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 56 WEST STREET sales from March 2008 and February 2012 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 March 2008 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2012 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 56 WEST STREET be worth now?

56 WEST STREET might now be worth an estimated £163,917.

This is based on house price inflation of 45.7%, between February 2012 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.7% inflationary increase is applied to the most recent sale price for 56 WEST STREET of £112,500 on 21st February 2012. For the value to have increased from £112,500 to £163,917 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 56 WEST STREET has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2012 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 56 WEST STREET has not materially changed since February 2012.

How Large is 56 WEST STREET?

56 WEST STREET is 65m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses houses in Eston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eston, and where 56 WEST STREET lies on this distribution: 8% of detached houses houses are smaller than 56 WEST STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Eston.

56 WEST STREET: Plot and Title Map

56 WEST STREET sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 56 WEST STREET, 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 56 WEST STREET). 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 56 WEST STREET?

56 WEST STREET is located in NORMANBY, in the TS6 postcode district. The below map shows the position of No. 56 on WEST STREET.