DAIRY COTTAGE, MICKLOW LANE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4JE - £158,000

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

DAIRY COTTAGE is a small semi-detached house of 90m², built sometime from 2007 onwards. It was last sold for £158,000 in March 2016, which was around 14% below the average March 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was A.

DAIRY COTTAGE Sold Prices

Land registry data shows two sales for DAIRY COTTAGE 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 DAIRY COTTAGE 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
2016 11 MAR	£158,000	£183,321	14% below HPI
2007 6 JUL	£130,000	£195,211	33% below HPI

DAIRY COTTAGE 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 DAIRY COTTAGE sales from July 2007 and March 2016 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 July 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is DAIRY COTTAGE?

DAIRY COTTAGE is 90m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 DAIRY COTTAGE lies on this distribution: 37% of detached houses are smaller than DAIRY COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Loftus.

DAIRY COTTAGE: Plot and Title Map

DAIRY COTTAGE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of DAIRY COTTAGE, 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 DAIRY COTTAGE). 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 DAIRY COTTAGE?

DAIRY COTTAGE is located on MICKLOW LANE in LOFTUS, in the TS13 postcode district. The below map shows the position of DAIRY COTTAGE on MICKLOW LANE.