1, GRINKLE LANE, EASINGTON, SALTBURN-BY-THE-SEA, TS13 4NT - £315,000

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

1 GRINKLE LANE is a very large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £315,000 in July 2023, which was around 28% above the average July 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

1 GRINKLE LANE Sold Prices

Land registry data shows three sales for 1 GRINKLE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 1 GRINKLE 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
2023 26 JUL	£315,000	£245,686	28% above HPI
2021 14 MAY	£327,000	£216,686	51% above HPI
2019 19 SEP	£225,000	£188,869	19% above HPI

1 GRINKLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 1 GRINKLE LANE sales between September 2019 and July 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 May 2021 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 1 GRINKLE LANE?

1 GRINKLE LANE is 148m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 1 GRINKLE LANE lies on this distribution: 84% of detached houses are smaller than 1 GRINKLE LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Easington.

1 GRINKLE LANE: Plot and Title Map

1 GRINKLE LANE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 GRINKLE 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 1 GRINKLE 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.

Where is 1 GRINKLE LANE?

1 GRINKLE LANE is located in EASINGTON, in the TS13 postcode district. The below map shows the position of No. 1 on GRINKLE LANE.