OAK TREE COTTAGE, GUNNERGATE LANE, COULBY NEWHAM, MIDDLESBROUGH, TS8 0TE - £437,000

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.

OAK TREE COTTAGE is a very large extended detached house of 160m², built sometime between 1976 and 1982, which could now be worth an estimated £601,139. It was last sold for £437,000 in November 2014, which was around 136% above the average November 2014 detached price in the Middlesbrough local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

OAK TREE COTTAGE Sold Prices

Land registry data shows three sales for OAK TREE COTTAGE since 1^st 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 OAK TREE COTTAGE 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
2014 21 NOV	£437,000	£185,520	136% above HPI
2012 16 NOV	£330,000	£186,713	77% above HPI
2000 14 MAR	£165,000	£80,831	104% above HPI

OAK TREE COTTAGE 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 three OAK TREE COTTAGE sales between March 2000 and November 2014 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 2012 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the November 2014 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might OAK TREE COTTAGE be worth now?

OAK TREE COTTAGE might now be worth an estimated £601,139.

This is based on house price inflation of 37.6%, between November 2014 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 37.6% inflationary increase is applied to the most recent sale price for OAK TREE COTTAGE of £437,000 on 21st November 2014. For the value to have increased from £437,000 to £601,139 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of OAK TREE COTTAGE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The November 2014 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE COTTAGE has not materially changed since November 2014.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 160m², which includes two extensions, according to the EPC inspection conducted in January 2014. 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 OAK TREE COTTAGE lies on this distribution: 88% of detached houses houses are smaller than OAK TREE COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.506 of an acre, or 2,046m². The below map shows the location of OAK TREE COTTAGE, 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 OAK TREE COTTAGE). 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 OAK TREE COTTAGE?

OAK TREE COTTAGE is located on GUNNERGATE LANE in COULBY NEWHAM, in the TS8 postcode district. The below map shows the position of OAK TREE COTTAGE on GUNNERGATE LANE.