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
14 CRESTWOOD is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £185,000 in February 2024, which was around 25% below the average February 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 14 CRESTWOOD 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. All of the three 14 CRESTWOOD 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 |
---|---|---|---|
2024 20 FEB | £185,000 | £245,267 | 25% below HPI |
2018 20 NOV | £127,500 | £188,153 | 32% below HPI |
1997 6 JUN | £54,000 | £75,133 | 28% 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 14 CRESTWOOD sales between June 1997 and February 2024 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 November 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
14 CRESTWOOD is 61m² according to the EPC inspection conducted in June 2018. 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 14 CRESTWOOD lies on this distribution: 4% of detached houses are smaller than 14 CRESTWOOD, and 96% of houses are larger. Note that EPC data is not available for all properties in Redcar.
14 CRESTWOOD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 14 CRESTWOOD, 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 14 CRESTWOOD). 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.
14 CRESTWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 14 on CRESTWOOD.