51, LILAC GROVE, REDCAR, TS10 3AZ - £120,000

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

51 LILAC GROVE is a very small extended detached house of 67m², built sometime between 1930 and 1949. It was last sold for £120,000 in March 2010, which was around 37% below the average March 2010 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

51 LILAC GROVE Sold Prices

Land registry data shows two sales for 51 LILAC GROVE since 1^st 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 51 LILAC 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
2010 5 MAR	£120,000	£189,294	37% below HPI
2005 18 JAN	£115,000	£159,702	28% below HPI

51 LILAC 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 two 51 LILAC GROVE sales from January 2005 and March 2010 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 January 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2010 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 51 LILAC GROVE?

51 LILAC GROVE is 67m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 51 LILAC GROVE lies on this distribution: 7% of detached houses are smaller than 51 LILAC GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redcar.

51 LILAC GROVE: Plot and Title Map

51 LILAC GROVE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 51 LILAC 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 51 LILAC 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 51 LILAC GROVE?

51 LILAC GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 51 on LILAC GROVE.