17, MIDDLE GILL CLOSE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4BX - £207,500

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

17 MIDDLE GILL CLOSE is a small detached house of 76m², built in 2021. It was last sold for £207,500 in June 2022, which was around 14% below the average June 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

17 MIDDLE GILL CLOSE Sold Prices

Land registry data shows two sales for 17 MIDDLE GILL CLOSE 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 17 MIDDLE GILL CLOSE 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
2022 30 JUN	£207,500	£240,381	14% below HPI
2021 30 NOV	£184,995	£225,274	18% below HPI

17 MIDDLE GILL CLOSE 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 17 MIDDLE GILL CLOSE sales from November 2021 and June 2022 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 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 17 MIDDLE GILL CLOSE?

17 MIDDLE GILL CLOSE is 76m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses by size in Loftus, and where 17 MIDDLE GILL CLOSE lies on this distribution: 27% of detached houses are smaller than 17 MIDDLE GILL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Loftus.

17 MIDDLE GILL CLOSE: Plot and Title Map

17 MIDDLE GILL CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 17 MIDDLE GILL CLOSE, 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 17 MIDDLE GILL CLOSE). 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 17 MIDDLE GILL CLOSE?

17 MIDDLE GILL CLOSE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 17 on MIDDLE GILL CLOSE.