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 SHALDON CLOSE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £205,000 in June 2021, which was around 6% below the average June 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 SHALDON 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. The three 7 SHALDON CLOSE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2021 30 JUN | £205,000 | £218,342 | 6% below HPI |
2002 24 MAY | £89,500 | £89,558 | Close to HPI |
1996 8 MAY | £68,995 | £72,561 | 5% 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 7 SHALDON CLOSE sales between May 1996 and June 2021 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 May 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
7 SHALDON CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in August 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 7 SHALDON CLOSE lies on this distribution: 20% of detached houses are smaller than 7 SHALDON CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.
7 SHALDON CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 7 SHALDON 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 SHALDON 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 SHALDON CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on SHALDON CLOSE.