WESTCOTE, HOLLINS LANE, MIDDLESBROUGH, TS5 5AS - £160,000

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.

WESTCOTE is a very small detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £226,943. It was last sold for £160,000 in February 2011, which was around 11% below the average February 2011 detached price in the Middlesbrough local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

WESTCOTE Sold Prices

Land registry data shows four sales for WESTCOTE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. The four WESTCOTE sales were a mix of below the average price, and roughly equal to 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
2011 28 FEB	£160,000	£179,923	11% below HPI
2010 28 MAY	£101,244	£182,526	45% below HPI
2003 18 NOV	£115,000	£115,210	Close to HPI
2000 2 OCT	£43,000	£82,573	48% below HPI

WESTCOTE 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 four WESTCOTE sales between October 2000 and February 2011 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 May 2010 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2011 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might WESTCOTE be worth now?

WESTCOTE might now be worth an estimated £226,943.

This is based on house price inflation of 41.8%, between February 2011 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 41.8% inflationary increase is applied to the most recent sale price for WESTCOTE of £160,000 on 28th February 2011. For the value to have increased from £160,000 to £226,943 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of WESTCOTE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The February 2011 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of WESTCOTE has not materially changed since February 2011.

How Large is WESTCOTE?

WESTCOTE is 75m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 WESTCOTE lies on this distribution: 8% of detached houses houses are smaller than WESTCOTE, and 92% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

WESTCOTE: Plot and Title Map

WESTCOTE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of WESTCOTE, 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 WESTCOTE). 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 WESTCOTE?

WESTCOTE is located on HOLLINS LANE in MIDDLESBROUGH, in the TS5 postcode district. The below map shows the position of WESTCOTE on HOLLINS LANE.