76, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9ED - £190,000

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.

76 ORMESBY BANK is a very large extended detached house of 193m², built sometime between 1967 and 1975, which could now be worth an estimated £258,087. It was last sold for £190,000 in April 2017, which was around 1% above the average April 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was A.

76 ORMESBY BANK Sold Prices

Land registry data shows four sales for 76 ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 76 ORMESBY BANK 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
2017 4 APR	£190,000	£188,361	1% above HPI
2011 1 JUL	£180,000	£177,568	1% above HPI
2005 7 NOV	£148,800	£179,526	17% below HPI
1996 23 OCT	£110,000	£75,272	46% above HPI

76 ORMESBY BANK 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 four 76 ORMESBY BANK sales between October 1996 and April 2017 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 July 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2017 sale, which was also at 1% above the HPI.

What might 76 ORMESBY BANK be worth now?

76 ORMESBY BANK might now be worth an estimated £258,087.

This is based on house price inflation of 35.8%, between April 2017 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 35.8% inflationary increase is applied to the most recent sale price for 76 ORMESBY BANK of £190,000 on 4th April 2017. For the value to have increased from £190,000 to £258,087 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 76 ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 76 ORMESBY BANK has not materially changed since April 2017.

How Large is 76 ORMESBY BANK?

76 ORMESBY BANK is 193m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 76 ORMESBY BANK lies on this distribution: 95% of detached houses houses are smaller than 76 ORMESBY BANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

76 ORMESBY BANK: Plot and Title Map

76 ORMESBY BANK sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of 76 ORMESBY BANK, 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 76 ORMESBY BANK). 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 76 ORMESBY BANK?

76 ORMESBY BANK is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 76 on ORMESBY BANK.