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
NEWLANDS is a very large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £289,999 in February 2017, which was around 57% above the average February 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for NEWLANDS since 1st 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. One of the two NEWLANDS sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2017 24 FEB | £289,999 | £184,807 | 57% above HPI |
2011 4 FEB | £158,000 | £185,887 | 15% below 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 two NEWLANDS sales from February 2011 and February 2017 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 February 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2017 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.
NEWLANDS is 148m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where NEWLANDS lies on this distribution: 84% of detached houses are smaller than NEWLANDS, and 14% of houses are larger. Note that EPC data is not available for all properties in Easington.
NEWLANDS sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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.
NEWLANDS is located on WHITBY ROAD in EASINGTON, in the TS13 postcode district. The below map shows the position of NEWLANDS on WHITBY ROAD.