SOUTH LOFTUS FARM, SOUTH LOFTUS, SALTBURN-BY-THE-SEA, TS13 4JU - £625,000

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

SOUTH LOFTUS FARM is a very large extended detached house of 185m², built sometime between 1983 and 1990. It was last sold for £625,000 in July 2022, which was around 158% above the average July 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was D.

SOUTH LOFTUS FARM Sold Prices

Land registry data shows two sales for SOUTH LOFTUS FARM 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 SOUTH LOFTUS FARM 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
2022 19 JUL	£625,000	£242,078	158% above HPI
2020 31 JUL	£362,500	£188,915	92% above HPI

SOUTH LOFTUS FARM 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 SOUTH LOFTUS FARM sales from July 2020 and July 2022 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 2020 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the July 2022 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

How Large is SOUTH LOFTUS FARM?

SOUTH LOFTUS FARM is 185m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses by size in Loftus, and where SOUTH LOFTUS FARM lies on this distribution: 85% of detached houses are smaller than SOUTH LOFTUS FARM, and 15% of houses are larger. Note that EPC data is not available for all properties in Loftus.

SOUTH LOFTUS FARM: Plot and Title Map

SOUTH LOFTUS FARM sits on a plot of roughly 7.0 acres, or 28,516m². The below map shows the location of SOUTH LOFTUS FARM, 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 SOUTH LOFTUS FARM). 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 SOUTH LOFTUS FARM?

SOUTH LOFTUS FARM is located on SOUTH LOFTUS in SALTBURN-BY-THE-SEA, in the TS13 postcode district. The below map shows the position of SOUTH LOFTUS FARM on SOUTH LOFTUS.