15, ELDER GROVE, REDCAR, TS10 2SR - £290,000

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

15 ELDER GROVE is a very large extended detached house of 149m², built sometime between 2003 and 2006. It was last sold for £290,000 in December 2020, which was around 40% above the average December 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

15 ELDER GROVE Sold Prices

Land registry data shows three sales for 15 ELDER GROVE 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 15 ELDER GROVE 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
2020 4 DEC	£290,000	£207,173	40% above HPI
2003 25 JUL	£185,000	£119,278	55% above HPI
2002 14 JUN	£140,000	£92,816	51% above HPI

15 ELDER GROVE 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 15 ELDER GROVE sales between June 2002 and December 2020 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 2003 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 15 ELDER GROVE?

15 ELDER GROVE is 149m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 15 ELDER GROVE lies on this distribution: 89% of detached houses are smaller than 15 ELDER GROVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Redcar.

15 ELDER GROVE: Plot and Title Map

15 ELDER GROVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 15 ELDER GROVE, 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 15 ELDER GROVE). 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 15 ELDER GROVE?

15 ELDER GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 15 on ELDER GROVE.