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
28 STIRLING ROAD is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £230,000 in February 2023, which was around 6% below the average February 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 28 STIRLING 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 28 STIRLING ROAD 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 |
---|---|---|---|
2023 20 FEB | £230,000 | £244,430 | 6% below HPI |
2015 20 APR | £159,000 | £182,202 | 13% below HPI |
1997 6 JUN | £68,700 | £75,133 | 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 28 STIRLING ROAD sales between June 1997 and February 2023 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 April 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
28 STIRLING ROAD is 67m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 28 STIRLING ROAD lies on this distribution: 7% of detached houses are smaller than 28 STIRLING ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Redcar.
28 STIRLING ROAD sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 28 STIRLING 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 28 STIRLING 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.
28 STIRLING ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 28 on STIRLING ROAD.