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
19 FERNWOOD is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £164,000 in September 2021, which was around 25% below the average September 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 19 FERNWOOD 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 19 FERNWOOD 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 |
---|---|---|---|
2021 27 SEP | £164,000 | £218,759 | 25% below HPI |
2019 12 APR | £153,000 | £185,473 | 18% below HPI |
2012 20 JAN | £127,500 | £179,063 | 29% 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 19 FERNWOOD sales between January 2012 and September 2021 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 April 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
19 FERNWOOD is 96m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 19 FERNWOOD lies on this distribution: 37% of detached houses are smaller than 19 FERNWOOD, and 61% of houses are larger. Note that EPC data is not available for all properties in Redcar.
19 FERNWOOD sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 19 FERNWOOD, 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 19 FERNWOOD). 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.
19 FERNWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 19 on FERNWOOD.