31, WALNUT GROVE, REDCAR, TS10 3PG - £146,500

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.

31 WALNUT GROVE is a very small semi-detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £191,621. It was last sold for £146,500 in May 2007, which was around 20% above the average May 2007 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

31 WALNUT GROVE Sold Prices

Land registry data shows two sales for 31 WALNUT GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the two 31 WALNUT GROVE sales was for above the average price, whilst the other was 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
2007 22 MAY	£146,500	£122,587	20% above HPI
1995 1 DEC	£35,000	£42,446	18% below HPI

31 WALNUT GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 31 WALNUT GROVE sales from December 1995 and May 2007 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 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2007 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 31 WALNUT GROVE be worth now?

31 WALNUT GROVE might now be worth an estimated £191,621.

This is based on house price inflation of 30.8%, between May 2007 and May 2026, for semi-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 30.8% inflationary increase is applied to the most recent sale price for 31 WALNUT GROVE of £146,500 on 22nd May 2007. For the value to have increased from £146,500 to £191,621 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 31 WALNUT GROVE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The May 2007 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 31 WALNUT GROVE has not materially changed since May 2007.

How Large is 31 WALNUT GROVE?

31 WALNUT GROVE is 84m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 31 WALNUT GROVE lies on this distribution: 20% of semi-detached houses houses are smaller than 31 WALNUT GROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.

31 WALNUT GROVE: Plot and Title Map

31 WALNUT GROVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 31 WALNUT 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 31 WALNUT 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 31 WALNUT GROVE?

31 WALNUT GROVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 31 on WALNUT GROVE.