5, AZALIA GROVE, REDCAR, TS10 2UA - £225,000

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

5 AZALIA GROVE is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £225,000 in September 2023, which was around 8% below the average September 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

5 AZALIA GROVE Sold Prices

Land registry data shows three sales for 5 AZALIA GROVE since 1^st 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 5 AZALIA GROVE 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 28 SEP	£225,000	£244,374	8% below HPI
2019 25 OCT	£175,000	£193,604	10% below HPI
2003 27 JUN	£115,500	£118,526	3% below HPI

5 AZALIA 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 three 5 AZALIA GROVE sales between June 2003 and September 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 October 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 AZALIA GROVE?

5 AZALIA GROVE is 84m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 5 AZALIA GROVE lies on this distribution: 20% of detached houses are smaller than 5 AZALIA GROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 AZALIA GROVE: Plot and Title Map

5 AZALIA GROVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 AZALIA 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 5 AZALIA 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 5 AZALIA GROVE?

5 AZALIA GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 5 on AZALIA GROVE.