8, LABURNUM ROAD, ORMESBY, MIDDLESBROUGH, TS7 9DJ - £159,000

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

8 LABURNUM ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £159,000 in September 2017, which was around 16% below the average September 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 LABURNUM ROAD Sold Prices

Land registry data shows three sales for 8 LABURNUM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 8 LABURNUM ROAD 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
2017 21 SEP	£159,000	£189,764	16% below HPI
2015 3 NOV	£149,000	£181,810	18% below HPI
2007 6 APR	£150,750	£195,859	23% below HPI

8 LABURNUM 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 three 8 LABURNUM ROAD sales between April 2007 and September 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 November 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 LABURNUM ROAD?

8 LABURNUM ROAD is 77m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 8 LABURNUM ROAD lies on this distribution: 11% of detached houses are smaller than 8 LABURNUM ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

8 LABURNUM ROAD: Plot and Title Map

8 LABURNUM ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 8 LABURNUM 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 LABURNUM 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 LABURNUM ROAD?

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