8, HILLCREST DRIVE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4YA - £250,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 HILLCREST DRIVE is a very large extended detached house of 203m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2007, which was around 24% above the average August 2007 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

8 HILLCREST DRIVE Sold Prices

Land registry data shows two sales for 8 HILLCREST DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 8 HILLCREST DRIVE 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
2007 31 AUG	£250,000	£200,903	24% above HPI
2007 9 MAY	£249,999	£197,360	27% above HPI

8 HILLCREST DRIVE 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 two 8 HILLCREST DRIVE sales from May 2007 and August 2007 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2007 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 HILLCREST DRIVE?

8 HILLCREST DRIVE is 203m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses by size in Loftus, and where 8 HILLCREST DRIVE lies on this distribution: 91% of detached houses are smaller than 8 HILLCREST DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Loftus.

8 HILLCREST DRIVE: Plot and Title Map

8 HILLCREST DRIVE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 8 HILLCREST DRIVE, 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 HILLCREST DRIVE). 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 8 HILLCREST DRIVE?

8 HILLCREST DRIVE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 8 on HILLCREST DRIVE.