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
26 GREEN LANE is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £267,000 in August 2018, which was around 38% above the average August 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 26 GREEN LANE 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. Two of the three 26 GREEN LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2018 13 AUG | £267,000 | £194,142 | 38% above HPI |
2016 7 SEP | £255,000 | £186,967 | 36% above HPI |
1995 17 NOV | £67,000 | £73,500 | 9% 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 26 GREEN LANE sales between November 1995 and August 2018 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 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.
26 GREEN LANE is 129m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 26 GREEN LANE lies on this distribution: 78% of detached houses are smaller than 26 GREEN LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Redcar.
26 GREEN LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 26 GREEN LANE, 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 26 GREEN LANE). 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.
26 GREEN LANE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 26 on GREEN LANE.