NEWLANDS, WHITBY ROAD, EASINGTON, SALTBURN-BY-THE-SEA, TS13 4NW - £289,999

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.

NEWLANDS is a very large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £409,563. It was last sold for £289,999 in February 2017, which was around 57% above the average February 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS 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 NEWLANDS 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
2017 24 FEB	£289,999	£184,442	57% above HPI
2011 4 FEB	£158,000	£185,519	15% below HPI

NEWLANDS 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 NEWLANDS sales from February 2011 and February 2017 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 February 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2017 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £409,563.

This is based on house price inflation of 41.2%, between February 2017 and April 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 41.2% inflationary increase is applied to the most recent sale price for NEWLANDS of £289,999 on 24th February 2017. For the value to have increased from £289,999 to £409,563 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2017 sale price of £289,999 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since February 2017.

How Large is NEWLANDS?

NEWLANDS is 148m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Easington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easington, and where NEWLANDS lies on this distribution: 83% of detached houses houses are smaller than NEWLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Easington.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on WHITBY ROAD in EASINGTON, in the TS13 postcode district. The below map shows the position of NEWLANDS on WHITBY ROAD.