Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 GREENWOOD CLOSE is a small detached house of 97m², built in 2022. It was last sold for £225,000 in November 2023, which was around 8% below the average November 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 1 GREENWOOD CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the two 1 GREENWOOD CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2023 17 NOV | £225,000 | £243,549 | 8% below HPI |
2022 25 MAR | £249,950 | £230,190 | 9% above HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 1 GREENWOOD CLOSE sales from March 2022 and November 2023 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 2022 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
1 GREENWOOD CLOSE is 97m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 1 GREENWOOD CLOSE lies on this distribution: 31% of detached houses are smaller than 1 GREENWOOD CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
1 GREENWOOD CLOSE sits on a plot of roughly 73.3 acres, or 296,545m². The below map shows the location of 1 GREENWOOD CLOSE, 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 1 GREENWOOD CLOSE). 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.
1 GREENWOOD CLOSE is located in NORMANBY, in the TS6 postcode district. The below map shows the position of No. 1 on GREENWOOD CLOSE.