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
8 AZALIA GROVE is a very large extended detached house of 179m², built sometime from 2007 onwards. It was last sold for £390,000 in September 2023, which was around 60% above the average September 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 AZALIA GROVE 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. All of the three 8 AZALIA GROVE 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 |
---|---|---|---|
2023 15 SEP | £390,000 | £244,374 | 60% above HPI |
2017 31 MAR | £283,000 | £183,964 | 54% above HPI |
2006 21 JUL | £240,000 | £179,594 | 34% 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 8 AZALIA GROVE sales between July 2006 and September 2023 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 March 2017 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.
8 AZALIA GROVE is 179m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 8 AZALIA GROVE lies on this distribution: 95% of detached houses are smaller than 8 AZALIA GROVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Redcar.
8 AZALIA GROVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 8 AZALIA 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 8 AZALIA 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.
8 AZALIA GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 8 on AZALIA GROVE.