2, COVENT CLOSE, MIDDLESBROUGH, TS6 0SP - £130,000

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

2 COVENT CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £130,000 in October 2020, which was around 36% below the average October 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 COVENT CLOSE Sold Prices

Land registry data shows two sales for 2 COVENT 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 2 COVENT 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
2020 16 OCT	£130,000	£203,873	36% below HPI
2004 16 AUG	£120,000	£159,054	25% below HPI

2 COVENT 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 2 COVENT CLOSE sales from August 2004 and October 2020 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 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 COVENT CLOSE?

2 COVENT CLOSE is 56m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 COVENT CLOSE lies on this distribution: 3% of detached houses are smaller than 2 COVENT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Eston.

2 COVENT CLOSE: Plot and Title Map

2 COVENT CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 2 COVENT 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 2 COVENT 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 2 COVENT CLOSE?

2 COVENT CLOSE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 2 on COVENT CLOSE.