3, HIGH ROW, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4SA - £70,000

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.

3 HIGH ROW is a very small extended terraced house of 70m², built sometime before 1900, which could now be worth an estimated £103,388. It was last sold for £70,000 in September 2011, which was around 16% below the average September 2011 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

3 HIGH ROW Sold Prices

Land registry data shows two sales for 3 HIGH ROW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 3 HIGH ROW 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
2011 23 SEP	£70,000	£82,939	16% below HPI
2000 24 DEC	£15,000	£33,336	55% below HPI

3 HIGH ROW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 3 HIGH ROW sales from December 2000 and September 2011 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 2000 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 HIGH ROW be worth now?

3 HIGH ROW might now be worth an estimated £103,388.

This is based on house price inflation of 47.7%, between September 2011 and March 2026, for terraced 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 47.7% inflationary increase is applied to the most recent sale price for 3 HIGH ROW of £70,000 on 23rd September 2011. For the value to have increased from £70,000 to £103,388 over the fifteen years and six months to March 2026, the following assumptions must hold true:

• The value of 3 HIGH ROW has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The September 2011 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGH ROW has not materially changed since September 2011.

How Large is 3 HIGH ROW?

3 HIGH ROW is 70m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of terraced houses houses in Loftus, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Loftus, and where 3 HIGH ROW lies on this distribution: 13% of terraced houses houses are smaller than 3 HIGH ROW, and 87% of houses are larger. Note that EPC data is not available for all properties in Loftus.

3 HIGH ROW: Plot and Title Map

3 HIGH ROW sits on a plot of roughly 0.016 of an acre, or 63m². The below map shows the location of 3 HIGH ROW, 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 3 HIGH ROW). 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 3 HIGH ROW?

3 HIGH ROW is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 3 on HIGH ROW.