7, WEST PARK AVENUE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4RL - £125,000

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 WEST PARK AVENUE is a large detached house of 130m², built sometime between 1950 and 1966. It was last sold for £125,000 in September 2018, which was around 36% below the average September 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

7 WEST PARK AVENUE Sold Prices

Land registry data shows three sales for 7 WEST PARK AVENUE since 1^st 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. All of the three 7 WEST PARK 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
2018 21 SEP	£125,000	£195,835	36% below HPI
2006 27 JAN	£155,000	£188,241	18% below HPI
2004 21 JAN	£120,000	£136,109	12% below HPI

7 WEST PARK 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 three 7 WEST PARK AVENUE sales between January 2004 and September 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 January 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 WEST PARK AVENUE?

7 WEST PARK AVENUE is 130m² according to the EPC inspection conducted in February 2018. 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 7 WEST PARK AVENUE lies on this distribution: 66% of detached houses are smaller than 7 WEST PARK AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Loftus.

7 WEST PARK AVENUE: Plot and Title Map

7 WEST PARK AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 7 WEST PARK 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 7 WEST PARK 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 7 WEST PARK AVENUE?

7 WEST PARK AVENUE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 7 on WEST PARK AVENUE.