EAST LODGE, PLANTATION ROAD, REDCAR, TS10 4SQ - £325,000

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

EAST LODGE is a very large detached house of 194m², built sometime before 1900. It was last sold for £325,000 in March 2021, which was around 52% above the average March 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

EAST LODGE Sold Prices

Land registry data shows two sales for EAST LODGE 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 EAST LODGE 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
2021 31 MAR	£325,000	£214,032	52% above HPI
2004 2 APR	£160,000	£141,441	13% above HPI

EAST LODGE 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 EAST LODGE sales from April 2004 and March 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 April 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is EAST LODGE?

EAST LODGE is 194m² according to the EPC inspection conducted in May 2018. 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 EAST LODGE lies on this distribution: 97% of detached houses are smaller than EAST LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Redcar.

EAST LODGE: Plot and Title Map

EAST LODGE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of EAST LODGE, 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 EAST LODGE). 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 EAST LODGE?

EAST LODGE is located on PLANTATION ROAD in REDCAR, in the TS10 postcode district. The below map shows the position of EAST LODGE on PLANTATION ROAD.