22, THE FORGE, BROTTON, SALTBURN-BY-THE-SEA, TS12 2QH - £174,950

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

22 THE FORGE is a small extended detached house of 87m², built sometime from 2007 onwards, which could now be worth an estimated £227,585. It was last sold for £174,950 in November 2020, which was around 14% below the average November 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

22 THE FORGE Sold Prices

Land registry data shows two sales for 22 THE FORGE 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 22 THE FORGE 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 27 NOV	£174,950	£202,668	14% below HPI
2009 20 OCT	£175,000	£187,599	7% below HPI

22 THE FORGE 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 22 THE FORGE sales from October 2009 and November 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 October 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 22 THE FORGE be worth now?

22 THE FORGE might now be worth an estimated £227,585.

This is based on house price inflation of 30.1%, between November 2020 and December 2024, 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 30.1% inflationary increase is applied to the most recent sale price for 22 THE FORGE of £174,950 on 27th November 2020. For the value to have increased from £174,950 to £227,585 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 22 THE FORGE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2020 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 22 THE FORGE has not materially changed since November 2020.

How Large is 22 THE FORGE?

22 THE FORGE is 87m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses houses in Brotton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brotton, and where 22 THE FORGE lies on this distribution: 24% of detached houses houses are smaller than 22 THE FORGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Brotton.

22 THE FORGE: Plot and Title Map

22 THE FORGE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 22 THE FORGE, 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 22 THE FORGE). 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 22 THE FORGE?

22 THE FORGE is located in BROTTON, in the TS12 postcode district. The below map shows the position of No. 22 on THE FORGE.