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
2 CHERRYWOOD GROVE is a large detached house of 128m². It was last sold for £240,000 in October 2022, which was around 4% below the average October 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 2 CHERRYWOOD GROVE since 1st 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. One of the two 2 CHERRYWOOD GROVE sales was for below the average price, whilst the other was for above 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 21 OCT | £240,000 | £248,783 | 4% below HPI |
2017 15 SEP | £199,950 | £189,764 | 5% above 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 two 2 CHERRYWOOD GROVE sales from September 2017 and October 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 September 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
2 CHERRYWOOD GROVE is 128m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Eston, based on EPC data. The below chart shows the distribution of detached houses by size in Eston, and where 2 CHERRYWOOD GROVE lies on this distribution: 74% of detached houses are smaller than 2 CHERRYWOOD GROVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Eston.
2 CHERRYWOOD GROVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 CHERRYWOOD 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 2 CHERRYWOOD 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.
2 CHERRYWOOD GROVE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 2 on CHERRYWOOD GROVE.