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
27 THE STRAND is a very large extended detached house of 164m², built sometime between 1983 and 1990. It was last sold for £248,000 in July 2011, which was around 39% above the average July 2011 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 27 THE STRAND 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. Both of the two 27 THE STRAND 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 |
---|---|---|---|
2011 29 JUL | £248,000 | £177,920 | 39% above HPI |
2008 1 AUG | £279,950 | £194,676 | 44% 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 27 THE STRAND sales from August 2008 and July 2011 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 2008 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the July 2011 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
27 THE STRAND is 164m², which includes one extension, according to the EPC inspection conducted in April 2010. 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 27 THE STRAND lies on this distribution: 93% of detached houses are smaller than 27 THE STRAND, and 7% of houses are larger. Note that EPC data is not available for all properties in Redcar.
27 THE STRAND sits on a plot of roughly 0.346 of an acre, or 1,400m². The below map shows the location of 27 THE STRAND, 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 27 THE STRAND). 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.
27 THE STRAND is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 27 on THE STRAND.