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 FINCHDALE CLOSE is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £180,000 in December 2020, which was around 13% below the average December 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 6 FINCHDALE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 6 FINCHDALE 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 |
---|---|---|---|
2020 11 DEC | £180,000 | £207,173 | 13% below HPI |
2013 28 MAR | £165,000 | £177,454 | 7% below HPI |
2011 4 FEB | £160,000 | £185,887 | 14% below HPI |
2010 10 DEC | £160,000 | £180,101 | 11% below HPI |
2002 28 MAR | £82,000 | £88,659 | 8% 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 five 6 FINCHDALE CLOSE sales between March 2002 and December 2020 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 March 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
6 FINCHDALE CLOSE is 104m² according to the EPC inspection conducted in February 2020. 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 6 FINCHDALE CLOSE lies on this distribution: 48% of detached houses are smaller than 6 FINCHDALE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Redcar.
6 FINCHDALE CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 6 FINCHDALE 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 FINCHDALE 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 FINCHDALE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 6 on FINCHDALE CLOSE.