6, THE LARCHES, ORMESBY, MIDDLESBROUGH, TS7 9DG - £152,500

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.

6 THE LARCHES is a small extended semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £170,480. It was last sold for £152,500 in February 2022, which was around 10% above the average February 2022 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

6 THE LARCHES Sold Prices

Land registry data shows two sales for 6 THE LARCHES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 6 THE LARCHES 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
2022 10 FEB	£152,500	£138,150	10% above HPI
2004 21 JUN	£104,000	£91,903	13% above HPI

6 THE LARCHES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 6 THE LARCHES sales from June 2004 and February 2022 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 June 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 6 THE LARCHES be worth now?

6 THE LARCHES might now be worth an estimated £170,480.

This is based on house price inflation of 11.8%, between February 2022 and February 2025, for semi-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 11.8% inflationary increase is applied to the most recent sale price for 6 THE LARCHES of £152,500 on 10th February 2022. For the value to have increased from £152,500 to £170,480 over the three years to February 2025, the following assumptions must hold true:

• The value of 6 THE LARCHES has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The February 2022 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THE LARCHES has not materially changed since February 2022.

How Large is 6 THE LARCHES?

6 THE LARCHES is 89m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of semi-detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middlesbrough, and where 6 THE LARCHES lies on this distribution: 20% of semi-detached houses houses are smaller than 6 THE LARCHES, and 77% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

6 THE LARCHES: Plot and Title Map

6 THE LARCHES sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 6 THE LARCHES, 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 6 THE LARCHES). 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 6 THE LARCHES?

6 THE LARCHES is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 6 on THE LARCHES.