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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 MIDDLE GILL CLOSE is a small detached house of 76m², built in 2021, which could now be worth an estimated £221,300. 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	£239,906	14% below HPI
2021 30 NOV	£184,995	£224,829	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.

What might 17 MIDDLE GILL CLOSE be worth now?

17 MIDDLE GILL CLOSE might now be worth an estimated £221,300.

This is based on house price inflation of 6.7%, between June 2022 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 17 MIDDLE GILL CLOSE of £207,500 on 30th June 2022. For the value to have increased from £207,500 to £221,300 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 17 MIDDLE GILL CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2022 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 17 MIDDLE GILL CLOSE has not materially changed since June 2022.

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 houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loftus, and where 17 MIDDLE GILL CLOSE lies on this distribution: 27% of detached houses houses are smaller than 17 MIDDLE GILL CLOSE, and 70% 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.