CEDAR HOUSE, LADGATE LANE, MIDDLESBROUGH, TS5 7YZ - £625,000

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.

CEDAR HOUSE is a very large detached house of 223m², which could now be worth an estimated £715,599. It was last sold for £625,000 in May 2022, which was around 180% above the average May 2022 detached price in the Middlesbrough local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was A.

CEDAR HOUSE Sold Prices

Land registry data shows two sales for CEDAR HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Both of the two CEDAR HOUSE 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 18 MAY	£625,000	£222,892	180% above HPI
2018 16 MAR	£470,000	£186,016	153% above HPI

CEDAR HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two CEDAR HOUSE sales from March 2018 and May 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 March 2018 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the May 2022 sale, where it rises to 180% above the HPI. The line then continues to track at 180% above the HPI.

What might CEDAR HOUSE be worth now?

CEDAR HOUSE might now be worth an estimated £715,599.

This is based on house price inflation of 14.5%, between May 2022 and February 2025, for detached houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.5% inflationary increase is applied to the most recent sale price for CEDAR HOUSE of £625,000 on 18th May 2022. For the value to have increased from £625,000 to £715,599 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of CEDAR HOUSE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The May 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR HOUSE has not materially changed since May 2022.

How Large is CEDAR HOUSE?

CEDAR HOUSE is 223m² according to the EPC inspection conducted in March 2016. 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 CEDAR HOUSE lies on this distribution: 97% of detached houses houses are smaller than CEDAR HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

CEDAR HOUSE: Plot and Title Map

CEDAR HOUSE sits on a plot of roughly 0.283 of an acre, or 1,144m². The below map shows the location of CEDAR HOUSE, 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 CEDAR HOUSE). 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 CEDAR HOUSE?

CEDAR HOUSE is located on LADGATE LANE in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of CEDAR HOUSE on LADGATE LANE.