Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
50 CRESTWOOD is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £106,000 in October 2012, which was around 41% below the average October 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 50 CRESTWOOD 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 50 CRESTWOOD 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 |
---|---|---|---|
2012 18 OCT | £106,000 | £179,559 | 41% below HPI |
2002 29 SEP | £74,000 | £103,623 | 29% 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 two 50 CRESTWOOD sales from September 2002 and October 2012 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 September 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
50 CRESTWOOD is 74m² according to the EPC inspection conducted in April 2012. 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 50 CRESTWOOD lies on this distribution: 11% of detached houses are smaller than 50 CRESTWOOD, and 89% of houses are larger. Note that EPC data is not available for all properties in Redcar.
50 CRESTWOOD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 50 CRESTWOOD, 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 50 CRESTWOOD). 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.
50 CRESTWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 50 on CRESTWOOD.