8, CHERRYWOOD GROVE, MIDDLESBROUGH, TS6 0GD - £140,000

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.

8 CHERRYWOOD GROVE is a very small semi-detached house of 79m², built in 2017, which could now be worth an estimated £155,081. It was last sold for £140,000 in April 2023, which was around 3% below the average April 2023 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

8 CHERRYWOOD GROVE Sold Prices

Land registry data shows two sales for 8 CHERRYWOOD 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 8 CHERRYWOOD GROVE 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
2023 28 APR	£140,000	£144,750	3% below HPI
2017 23 JUN	£134,950	£114,134	18% above HPI

8 CHERRYWOOD 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 8 CHERRYWOOD GROVE sales from June 2017 and April 2023 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 June 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 CHERRYWOOD GROVE be worth now?

8 CHERRYWOOD GROVE might now be worth an estimated £155,081.

This is based on house price inflation of 10.8%, between April 2023 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 10.8% inflationary increase is applied to the most recent sale price for 8 CHERRYWOOD GROVE of £140,000 on 28th April 2023. For the value to have increased from £140,000 to £155,081 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 CHERRYWOOD GROVE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The April 2023 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRYWOOD GROVE has not materially changed since April 2023.

How Large is 8 CHERRYWOOD GROVE?

8 CHERRYWOOD GROVE is 79m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Eston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eston, and where 8 CHERRYWOOD GROVE lies on this distribution: 18% of semi-detached houses houses are smaller than 8 CHERRYWOOD GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Eston.

8 CHERRYWOOD GROVE: Plot and Title Map

8 CHERRYWOOD GROVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 8 CHERRYWOOD 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 8 CHERRYWOOD 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 8 CHERRYWOOD GROVE?

8 CHERRYWOOD GROVE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 8 on CHERRYWOOD GROVE.