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 ORCHARD ROAD is a very small extended detached house of 60m², built sometime between 1930 and 1949. It was last sold for £107,500 in November 2017, which was around 42% below the average November 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 1 ORCHARD ROAD 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. Both of the two 1 ORCHARD ROAD sales were for below 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 |
---|---|---|---|
2017 30 NOV | £107,500 | £186,448 | 42% below HPI |
2014 15 DEC | £100,000 | £182,563 | 45% below 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 ORCHARD ROAD sales from December 2014 and November 2017 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 December 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2017 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
1 ORCHARD ROAD is 60m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 1 ORCHARD ROAD lies on this distribution: 3% of detached houses are smaller than 1 ORCHARD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Redcar.
1 ORCHARD ROAD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 1 ORCHARD ROAD, 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 ORCHARD ROAD). 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 ORCHARD ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 1 on ORCHARD ROAD.