16, WALNUT GROVE, REDCAR, TS10 3PG - £115,000

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

16 WALNUT GROVE is a very small detached house of 54m², built sometime between 1900 and 1929. It was last sold for £115,000 in September 2019, which was around 39% below the average September 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

16 WALNUT GROVE Sold Prices

Land registry data shows two sales for 16 WALNUT GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 16 WALNUT GROVE 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
2019 24 SEP	£115,000	£188,869	39% below HPI
1995 16 AUG	£65,000	£73,946	12% below HPI

16 WALNUT 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 two 16 WALNUT GROVE sales from August 1995 and September 2019 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 August 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 WALNUT GROVE?

16 WALNUT GROVE is 54m² according to the EPC inspection conducted in February 2013. 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 WALNUT GROVE lies on this distribution: 1% of detached houses are smaller than 16 WALNUT GROVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redcar.

16 WALNUT GROVE: Plot and Title Map

16 WALNUT GROVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 16 WALNUT 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 16 WALNUT 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 16 WALNUT GROVE?

16 WALNUT GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 16 on WALNUT GROVE.