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
60 FERNWOOD is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £147,500 in November 2017, which was around 21% below the average November 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 60 FERNWOOD 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 60 FERNWOOD 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 |
---|---|---|---|
2017 2 NOV | £147,500 | £186,448 | 21% below HPI |
2009 5 JAN | £135,000 | £180,389 | 25% below HPI |
2001 21 DEC | £67,000 | £87,866 | 24% 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 three 60 FERNWOOD sales between December 2001 and November 2017 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 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
60 FERNWOOD is 80m² according to the EPC inspection conducted in May 2015. 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 60 FERNWOOD lies on this distribution: 17% of detached houses are smaller than 60 FERNWOOD, and 83% of houses are larger. Note that EPC data is not available for all properties in Redcar.
60 FERNWOOD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 60 FERNWOOD, 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 60 FERNWOOD). 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.
60 FERNWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 60 on FERNWOOD.