2, OATLANDS GROVE, EASINGTON, SALTBURN-BY-THE-SEA, TS13 4PD - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OATLANDS GROVE is a small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £230,587. It was last sold for £170,000 in June 2019, which was around 11% below the average June 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

2 OATLANDS GROVE Sold Prices

Land registry data shows two sales for 2 OATLANDS GROVE 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 2 OATLANDS GROVE 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
2019 25 JUN	£170,000	£192,043	11% below HPI
1996 5 JUL	£60,000	£73,371	18% below HPI

2 OATLANDS GROVE 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 2 OATLANDS GROVE sales from July 1996 and June 2019 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 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 OATLANDS GROVE be worth now?

2 OATLANDS GROVE might now be worth an estimated £230,587.

This is based on house price inflation of 35.6%, between June 2019 and April 2026, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.6% inflationary increase is applied to the most recent sale price for 2 OATLANDS GROVE of £170,000 on 25th June 2019. For the value to have increased from £170,000 to £230,587 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 2 OATLANDS GROVE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OATLANDS GROVE has not materially changed since June 2019.

How Large is 2 OATLANDS GROVE?

2 OATLANDS GROVE is 77m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses houses in Easington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easington, and where 2 OATLANDS GROVE lies on this distribution: 21% of detached houses houses are smaller than 2 OATLANDS GROVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Easington.

2 OATLANDS GROVE: Plot and Title Map

2 OATLANDS GROVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 OATLANDS GROVE, 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 2 OATLANDS GROVE). 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 2 OATLANDS GROVE?

2 OATLANDS GROVE is located in EASINGTON, in the TS13 postcode district. The below map shows the position of No. 2 on OATLANDS GROVE.