7, DERWENT CLOSE, REDMARSHALL, STOCKTON-ON-TEES, TS21 1HS - £235,000

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

7 DERWENT CLOSE is a midsized extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £235,000 in May 2017, which was around 10% above the average May 2017 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

7 DERWENT CLOSE Sold Prices

Land registry data shows five sales for 7 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the five 7 DERWENT 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
2017 12 MAY	£235,000	£213,731	10% above HPI
2008 25 JUN	£280,000	£218,097	28% above HPI
2006 29 NOV	£250,000	£204,660	22% above HPI
2006 19 JUL	£250,000	£196,687	27% above HPI
1999 26 MAR	£87,500	£79,921	9% above HPI

7 DERWENT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The five 7 DERWENT CLOSE sales between March 1999 and May 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 June 2008 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 DERWENT CLOSE?

7 DERWENT CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Redmarshall, based on EPC data. The below chart shows the distribution of detached houses by size in Redmarshall, and where 7 DERWENT CLOSE lies on this distribution: 44% of detached houses are smaller than 7 DERWENT CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Redmarshall.

7 DERWENT CLOSE: Plot and Title Map

7 DERWENT CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 7 DERWENT 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 7 DERWENT 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 7 DERWENT CLOSE?

7 DERWENT CLOSE is located in REDMARSHALL, in the TS21 postcode district. The below map shows the position of No. 7 on DERWENT CLOSE.