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
24 STUDLAND ROAD is a very large extended detached house of 198m², built sometime between 1996 and 2002. It was last sold for £340,000 in March 2021, which was around 59% above the average March 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 24 STUDLAND ROAD 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 24 STUDLAND ROAD sales were 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 |
---|---|---|---|
2021 4 MAR | £340,000 | £214,032 | 59% above HPI |
2007 6 SEP | £288,000 | £202,725 | 42% above HPI |
1997 17 DEC | £94,745 | £74,441 | 27% 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 three 24 STUDLAND ROAD sales between December 1997 and March 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 September 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2021 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.
24 STUDLAND ROAD is 198m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 24 STUDLAND ROAD lies on this distribution: 98% of detached houses are smaller than 24 STUDLAND ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Redcar.
24 STUDLAND ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 24 STUDLAND ROAD, 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 24 STUDLAND ROAD). 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.
24 STUDLAND ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 24 on STUDLAND ROAD.