3, THE FORGE, BROTTON, SALTBURN-BY-THE-SEA, TS12 2QH - £153,000

3 THE FORGE is a midsized detached house of 103m². It was last sold for £153,000 in March 2013, which was around 14% below the average March 2013 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was B, and the potential energy rating was B.

3 THE FORGE Sold Prices

Land registry data shows two sales for 3 THE FORGE 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 3 THE FORGE 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
2013 15 MAR	£153,000	£177,454	14% below HPI
2010 2 JUL	£150,000	£180,588	17% below HPI

3 THE FORGE 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 3 THE FORGE sales from July 2010 and March 2013 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 THE FORGE?

3 THE FORGE is 103m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses in Brotton, based on EPC data. The below chart shows the distribution of detached houses by size in Brotton, and where 3 THE FORGE lies on this distribution: 49% of detached houses are smaller than 3 THE FORGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Brotton.

3 THE FORGE: Plot and Title Map

3 THE FORGE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 THE FORGE, 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 THE FORGE). 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 THE FORGE?

3 THE FORGE is located in BROTTON, in the TS12 postcode district. The below map shows the position of No. 3 on THE FORGE.