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
35 FERNWOOD is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £143,000 in September 2014, which was around 21% below the average September 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 35 FERNWOOD 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 35 FERNWOOD 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 |
---|---|---|---|
2014 19 SEP | £143,000 | £181,188 | 21% below HPI |
2005 13 MAY | £141,500 | £168,925 | 16% below HPI |
2001 12 JUL | £38,000 | £86,892 | 56% 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 35 FERNWOOD sales between July 2001 and September 2014 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 May 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
35 FERNWOOD is 110m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 35 FERNWOOD lies on this distribution: 57% of detached houses are smaller than 35 FERNWOOD, and 43% of houses are larger. Note that EPC data is not available for all properties in Redcar.
35 FERNWOOD sits on a plot of roughly 0.049 of an acre, or 196m². The below map shows the location of 35 FERNWOOD, 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 35 FERNWOOD). 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.
35 FERNWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 35 on FERNWOOD.