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 EAST FARM CLOSE is a very large extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £277,000 in August 2021, which was around 28% above the average August 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 EAST FARM CLOSE 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 5 EAST FARM CLOSE 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 |
---|---|---|---|
2021 25 AUG | £277,000 | £216,353 | 28% above HPI |
2020 20 MAR | £225,000 | £194,230 | 16% above HPI |
2002 6 DEC | £166,246 | £107,774 | 54% above 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 5 EAST FARM CLOSE sales between December 2002 and August 2021 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 March 2020 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
5 EAST FARM CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Eston, based on EPC data. The below chart shows the distribution of detached houses by size in Eston, and where 5 EAST FARM CLOSE lies on this distribution: 85% of detached houses are smaller than 5 EAST FARM CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Eston.
5 EAST FARM CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 EAST FARM 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 5 EAST FARM 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.
5 EAST FARM CLOSE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 5 on EAST FARM CLOSE.