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
6 CLEVELAND CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £265,000 in May 2024, which was around 5% above the average May 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 6 CLEVELAND CLOSE since 1st 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 6 CLEVELAND CLOSE 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 |
---|---|---|---|
2024 2 MAY | £265,000 | £251,221 | 5% above HPI |
2017 16 FEB | £240,000 | £184,807 | 30% above HPI |
2012 10 OCT | £238,000 | £179,559 | 33% 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 three 6 CLEVELAND CLOSE sales between October 2012 and May 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 February 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2024 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
6 CLEVELAND CLOSE is 131m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 6 CLEVELAND CLOSE lies on this distribution: 73% of detached houses are smaller than 6 CLEVELAND CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
6 CLEVELAND CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 6 CLEVELAND 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 6 CLEVELAND 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.
6 CLEVELAND CLOSE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 6 on CLEVELAND CLOSE.