5, TERN GROVE, REDCAR, TS10 2QF - £300,000

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 TERN GROVE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £300,000 in September 2021, which was around 37% above the average September 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

5 TERN GROVE Sold Prices

Land registry data shows three sales for 5 TERN 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 TERN 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
2021 8 SEP	£300,000	£218,759	37% above HPI
2006 24 MAR	£212,500	£172,849	23% above HPI
1998 30 JAN	£111,000	£75,149	48% above HPI

5 TERN 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 TERN GROVE sales between January 1998 and September 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 5 TERN GROVE?

5 TERN GROVE is 110m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 5 TERN GROVE lies on this distribution: 57% of detached houses are smaller than 5 TERN GROVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 TERN GROVE: Plot and Title Map

5 TERN GROVE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 5 TERN 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 TERN 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 TERN GROVE?

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