RESTALRIG, STOCKTON ROAD, CASTLE EDEN, HARTLEPOOL, TS27 4SH - £195,000

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

RESTALRIG is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £195,000 in November 2020, which was around 9% above the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

RESTALRIG Sold Prices

Land registry data shows two sales for RESTALRIG since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two RESTALRIG 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
2020 20 NOV	£195,000	£179,153	9% above HPI
2015 1 DEC	£187,500	£159,972	17% above HPI

RESTALRIG Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two RESTALRIG sales from December 2015 and November 2020 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 December 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is RESTALRIG?

RESTALRIG is 74m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Castle Eden, based on EPC data. The below chart shows the distribution of detached houses by size in Castle Eden, and where RESTALRIG lies on this distribution: Less than 1% of detached houses are smaller than RESTALRIG, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Castle Eden.

RESTALRIG: Plot and Title Map

RESTALRIG sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of RESTALRIG, 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 RESTALRIG). 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 RESTALRIG?

RESTALRIG is located on STOCKTON ROAD in CASTLE EDEN, in the TS27 postcode district. The below map shows the position of RESTALRIG on STOCKTON ROAD.