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
85 LOW LANE is a very large extended detached house of 241m², built sometime between 1967 and 1975. It was last sold for £410,000 in June 2021, which was around 100% above the average June 2021 detached price in the Middlesbrough local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 85 LOW LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. All of the three 85 LOW LANE 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 |
---|---|---|---|
2021 29 JUN | £410,000 | £205,415 | 100% above HPI |
2002 12 JUL | £250,000 | £94,306 | 165% above HPI |
1997 30 MAY | £115,000 | £75,993 | 51% above HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The three 85 LOW LANE sales between May 1997 and June 2021 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 2002 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the June 2021 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.
85 LOW LANE is 241m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 85 LOW LANE lies on this distribution: 98% of detached houses are smaller than 85 LOW LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
85 LOW LANE sits on a plot of roughly 0.231 of an acre, or 937m². The below map shows the location of 85 LOW LANE, 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 85 LOW LANE). 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.
85 LOW LANE is located in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of No. 85 on LOW LANE.