3, ELDER GROVE, REDCAR, TS10 2SR - £250,000

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

3 ELDER GROVE is a very large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2017, which was around 30% above the average October 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

3 ELDER GROVE Sold Prices

Land registry data shows two sales for 3 ELDER GROVE 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 3 ELDER GROVE 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
2017 20 OCT	£250,000	£191,865	30% above HPI
2001 13 DEC	£112,950	£87,866	29% above HPI

3 ELDER GROVE 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 3 ELDER GROVE sales from December 2001 and October 2017 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 December 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 3 ELDER GROVE?

3 ELDER GROVE is 162m², which includes one extension, according to the EPC inspection conducted in June 2017. 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 3 ELDER GROVE lies on this distribution: 92% of detached houses are smaller than 3 ELDER GROVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 ELDER GROVE: Plot and Title Map

3 ELDER GROVE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 ELDER GROVE, 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 3 ELDER GROVE). 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 3 ELDER GROVE?

3 ELDER GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 3 on ELDER GROVE.