Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 SCALBY GROVE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £175,000 in November 2018, which was around 7% below the average November 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 7 SCALBY GROVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 7 SCALBY GROVE 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 |
---|---|---|---|
2018 14 NOV | £175,000 | £188,153 | 7% below HPI |
2014 1 SEP | £159,951 | £181,188 | 12% below HPI |
2011 2 SEP | £147,000 | £183,247 | 20% below HPI |
2003 9 APR | £108,500 | £104,709 | 4% 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 four 7 SCALBY GROVE sales between April 2003 and November 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 September 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
7 SCALBY GROVE is 71m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% 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 SCALBY GROVE lies on this distribution: 9% of detached houses are smaller than 7 SCALBY GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redcar.
7 SCALBY GROVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 7 SCALBY GROVE, 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 SCALBY GROVE). 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 SCALBY GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on SCALBY GROVE.