63, CROMWELL AVENUE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4JW - £190,000

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

63 CROMWELL AVENUE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £190,000 in June 2023, which was around 24% below the average June 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

63 CROMWELL AVENUE Sold Prices

Land registry data shows two sales for 63 CROMWELL AVENUE 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 63 CROMWELL AVENUE 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
2023 13 JUN	£190,000	£249,499	24% below HPI
1995 3 FEB	£69,000	£75,893	9% below HPI

63 CROMWELL AVENUE 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 63 CROMWELL AVENUE sales from February 1995 and June 2023 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 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 63 CROMWELL AVENUE?

63 CROMWELL AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses by size in Loftus, and where 63 CROMWELL AVENUE lies on this distribution: 60% of detached houses are smaller than 63 CROMWELL AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Loftus.

63 CROMWELL AVENUE: Plot and Title Map

63 CROMWELL AVENUE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 63 CROMWELL AVENUE, 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 63 CROMWELL AVENUE). 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 63 CROMWELL AVENUE?

63 CROMWELL AVENUE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 63 on CROMWELL AVENUE.