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
11 CLEVELAND CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £227,000 in February 2016, which was around 23% above the average February 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 11 CLEVELAND CLOSE since 1st 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. One of the three 11 CLEVELAND CLOSE sales was for above the average price, whilst two 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 |
---|---|---|---|
2016 26 FEB | £227,000 | £184,844 | 23% above HPI |
2007 26 JUL | £187,500 | £195,211 | 4% below HPI |
1996 2 FEB | £58,000 | £71,778 | 19% 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 three 11 CLEVELAND CLOSE sales between February 1996 and February 2016 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 July 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
11 CLEVELAND CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 11 CLEVELAND CLOSE lies on this distribution: 40% of detached houses are smaller than 11 CLEVELAND CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
11 CLEVELAND CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 11 CLEVELAND 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 11 CLEVELAND 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.
11 CLEVELAND CLOSE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 11 on CLEVELAND CLOSE.