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
32 ROMNEY CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £154,000 in January 2017, which was around 16% below the average January 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 32 ROMNEY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 32 ROMNEY CLOSE 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 |
---|---|---|---|
2017 27 JAN | £154,000 | £183,609 | 16% below HPI |
2003 22 SEP | £97,500 | £124,148 | 21% below HPI |
2001 20 APR | £60,000 | £85,698 | 30% below HPI |
1995 24 NOV | £56,000 | £73,500 | 24% 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 four 32 ROMNEY CLOSE sales between November 1995 and January 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 September 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
32 ROMNEY CLOSE is 73m² according to the EPC inspection conducted in July 2016. 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 32 ROMNEY CLOSE lies on this distribution: 10% of detached houses are smaller than 32 ROMNEY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redcar.
32 ROMNEY CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 32 ROMNEY CLOSE, 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 32 ROMNEY CLOSE). 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.
32 ROMNEY CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 32 on ROMNEY CLOSE.