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 HIGH STONE CLOSE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £172,500 in April 2018, which was around 7% below the average April 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 HIGH STONE 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. One of the three 7 HIGH STONE CLOSE sales was for below the average price, whilst two 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 |
---|---|---|---|
2018 12 APR | £172,500 | £185,925 | 7% below HPI |
2002 8 OCT | £115,000 | £106,728 | 8% above HPI |
1997 8 OCT | £78,000 | £75,695 | 3% 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 7 HIGH STONE CLOSE sales between October 1997 and April 2018 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 October 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
7 HIGH STONE CLOSE is 80m² according to the EPC inspection conducted in November 2012. 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 7 HIGH STONE CLOSE lies on this distribution: 17% of detached houses are smaller than 7 HIGH STONE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Redcar.
7 HIGH STONE CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 7 HIGH STONE 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 HIGH STONE 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.
7 HIGH STONE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on HIGH STONE CLOSE.