10, FAIRMEAD, REDCAR, TS10 4QE - £140,000

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

10 FAIRMEAD is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £140,000 in April 2016, which was around 25% below the average April 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

10 FAIRMEAD Sold Prices

Land registry data shows four sales for 10 FAIRMEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 10 FAIRMEAD sales were 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
2016 6 APR	£140,000	£186,440	25% below HPI
2013 20 DEC	£125,000	£178,145	30% below HPI
2012 2 OCT	£138,000	£179,559	23% below HPI
2000 27 JUN	£69,950	£84,175	17% below HPI

10 FAIRMEAD 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 four 10 FAIRMEAD sales between June 2000 and April 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 December 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 10 FAIRMEAD?

10 FAIRMEAD is 93m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 10 FAIRMEAD lies on this distribution: 34% of detached houses are smaller than 10 FAIRMEAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Redcar.

10 FAIRMEAD: Plot and Title Map

10 FAIRMEAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 10 FAIRMEAD, 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 10 FAIRMEAD). 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 10 FAIRMEAD?

10 FAIRMEAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 10 on FAIRMEAD.