6, MIDDLE GILL CLOSE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4BX - £159,995

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.

6 MIDDLE GILL CLOSE is a midsized detached house of 99m², built in 2020, which could now be worth an estimated £218,706. It was last sold for £159,995 in April 2020, which was around 16% below the average April 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

6 MIDDLE GILL CLOSE Sold Prices

Land registry data shows two sales for 6 MIDDLE GILL CLOSE 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. One of the two 6 MIDDLE GILL CLOSE sales was for below the average price, whilst the other was 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
2020 15 APR	£159,995	£190,099	16% below HPI
2018 22 OCT	£307,000	£192,832	59% above HPI

6 MIDDLE GILL CLOSE 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 6 MIDDLE GILL CLOSE sales from October 2018 and April 2020 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 October 2018 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 MIDDLE GILL CLOSE be worth now?

6 MIDDLE GILL CLOSE might now be worth an estimated £218,706.

This is based on house price inflation of 36.7%, between April 2020 and May 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 36.7% inflationary increase is applied to the most recent sale price for 6 MIDDLE GILL CLOSE of £159,995 on 15th April 2020. For the value to have increased from £159,995 to £218,706 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 6 MIDDLE GILL CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2020 sale price of £159,995 represented a fair market value for the property.
• The size, condition, and specification of 6 MIDDLE GILL CLOSE has not materially changed since April 2020.

How Large is 6 MIDDLE GILL CLOSE?

6 MIDDLE GILL CLOSE is 99m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loftus, and where 6 MIDDLE GILL CLOSE lies on this distribution: 41% of detached houses houses are smaller than 6 MIDDLE GILL CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Loftus.

6 MIDDLE GILL CLOSE: Plot and Title Map

6 MIDDLE GILL CLOSE sits on a plot of roughly 0.781 of an acre, or 3,160m². The below map shows the location of 6 MIDDLE GILL CLOSE, 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 6 MIDDLE GILL CLOSE). 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 6 MIDDLE GILL CLOSE?

6 MIDDLE GILL CLOSE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 6 on MIDDLE GILL CLOSE.