1, SALCOMBE WAY, REDCAR, TS10 2RB - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SALCOMBE WAY is a large extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £185,000 in March 2016, which was around 1% above the average March 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 SALCOMBE WAY Sold Prices

Land registry data shows two sales for 1 SALCOMBE WAY 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 1 SALCOMBE WAY sales were 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
2016 7 MAR	£185,000	£183,321	1% above HPI
1997 26 MAR	£77,400	£73,726	5% above HPI

1 SALCOMBE WAY 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 1 SALCOMBE WAY sales from March 1997 and March 2016 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 March 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 SALCOMBE WAY?

1 SALCOMBE WAY is 123m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 1 SALCOMBE WAY lies on this distribution: 72% of detached houses are smaller than 1 SALCOMBE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Redcar.

1 SALCOMBE WAY: Plot and Title Map

1 SALCOMBE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 SALCOMBE WAY, 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 1 SALCOMBE WAY). 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 1 SALCOMBE WAY?

1 SALCOMBE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 1 on SALCOMBE WAY.