55, MIDDLE GILL CLOSE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4BX - £180,000

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

55 MIDDLE GILL CLOSE is a small detached house of 76m². It was last sold for £180,000 in August 2024, which was around 32% below the average August 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

55 MIDDLE GILL CLOSE Sold Prices

Land registry data shows two sales for 55 MIDDLE GILL CLOSE 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 55 MIDDLE GILL CLOSE 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
2024 23 AUG	£180,000	£264,444	32% below HPI
2020 26 JUN	£137,995	£184,566	25% below HPI

55 MIDDLE GILL CLOSE 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 55 MIDDLE GILL CLOSE sales from June 2020 and August 2024 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 June 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 55 MIDDLE GILL CLOSE?

55 MIDDLE GILL CLOSE is 76m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses by size in Loftus, and where 55 MIDDLE GILL CLOSE lies on this distribution: 27% of detached houses are smaller than 55 MIDDLE GILL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Loftus.

55 MIDDLE GILL CLOSE: Plot and Title Map

55 MIDDLE GILL CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 55 MIDDLE GILL 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 55 MIDDLE GILL 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.

Where is 55 MIDDLE GILL CLOSE?

55 MIDDLE GILL CLOSE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 55 on MIDDLE GILL CLOSE.