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
16 EAST SCAR is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £145,000 in November 2011, which was around 21% below the average November 2011 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 EAST SCAR 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 16 EAST SCAR 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 |
---|---|---|---|
2011 25 NOV | £145,000 | £184,557 | 21% below HPI |
2006 24 NOV | £159,000 | £196,077 | 19% below HPI |
2003 28 APR | £95,000 | £104,709 | 9% 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 16 EAST SCAR sales between April 2003 and November 2011 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
16 EAST SCAR is 72m² according to the EPC inspection conducted in January 2021. 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 16 EAST SCAR lies on this distribution: 9% of detached houses are smaller than 16 EAST SCAR, and 90% of houses are larger. Note that EPC data is not available for all properties in Redcar.
16 EAST SCAR sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 EAST SCAR, 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 16 EAST SCAR). 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.
16 EAST SCAR is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 16 on EAST SCAR.