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
15 PENNINE CRESCENT is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £177,500 in September 2016, which was around 5% below the average September 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 15 PENNINE CRESCENT 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 15 PENNINE CRESCENT 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 |
---|---|---|---|
2016 2 SEP | £177,500 | £186,967 | 5% below HPI |
2014 25 JUL | £174,950 | £179,839 | 3% below HPI |
1996 22 NOV | £66,000 | £76,044 | 13% 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 15 PENNINE CRESCENT sales between November 1996 and September 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
15 PENNINE CRESCENT is 104m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% 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 PENNINE CRESCENT lies on this distribution: 48% of detached houses are smaller than 15 PENNINE CRESCENT, and 52% of houses are larger. Note that EPC data is not available for all properties in Redcar.
15 PENNINE CRESCENT sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 15 PENNINE CRESCENT, 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 PENNINE CRESCENT). 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.
15 PENNINE CRESCENT is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 15 on PENNINE CRESCENT.