8, CORTLAND ROAD, NUNTHORPE, MIDDLESBROUGH, TS7 0JX - £359,995

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.

8 CORTLAND ROAD is a very large extended detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £488,534. It was last sold for £359,995 in July 2020, which was around 91% above the average July 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

8 CORTLAND ROAD Sold Prices

Land registry data shows two sales for 8 CORTLAND ROAD 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 8 CORTLAND ROAD 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
2020 14 JUL	£359,995	£188,541	91% above HPI
2016 21 OCT	£223,000	£185,116	20% above HPI

8 CORTLAND ROAD 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 8 CORTLAND ROAD sales from October 2016 and July 2020 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 October 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2020 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 8 CORTLAND ROAD be worth now?

8 CORTLAND ROAD might now be worth an estimated £488,534.

This is based on house price inflation of 35.7%, between July 2020 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 35.7% inflationary increase is applied to the most recent sale price for 8 CORTLAND ROAD of £359,995 on 14th July 2020. For the value to have increased from £359,995 to £488,534 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 8 CORTLAND ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2020 sale price of £359,995 represented a fair market value for the property.
• The size, condition, and specification of 8 CORTLAND ROAD has not materially changed since July 2020.

How Large is 8 CORTLAND ROAD?

8 CORTLAND ROAD is 151m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 8 CORTLAND ROAD lies on this distribution: 84% of detached houses houses are smaller than 8 CORTLAND ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

8 CORTLAND ROAD: Plot and Title Map

8 CORTLAND ROAD sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 8 CORTLAND ROAD, 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 8 CORTLAND ROAD). 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 8 CORTLAND ROAD?

8 CORTLAND ROAD is located in NUNTHORPE, in the TS7 postcode district. The below map shows the position of No. 8 on CORTLAND ROAD.