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 WORSET GROVE is a midsized detached house of 101m², built sometime between 2003 and 2006. It was last sold for £188,000 in June 2005, which was around 11% above the average June 2005 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 WORSET GROVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 5 WORSET 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 |
---|---|---|---|
2005 3 JUN | £188,000 | £169,659 | 11% above HPI |
2004 7 MAY | £165,000 | £145,446 | 13% 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 two 5 WORSET GROVE sales from May 2004 and June 2005 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 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2005 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
5 WORSET GROVE is 101m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 WORSET GROVE lies on this distribution: 45% of detached houses are smaller than 5 WORSET GROVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Redcar.
5 WORSET GROVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 WORSET 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 WORSET 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.
5 WORSET GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 5 on WORSET GROVE.