10, THE STRAND, REDCAR, TS10 2QG - £174,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 THE STRAND is a small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £252,693. It was last sold for £174,500 in May 2012, which was around 1% below the average May 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

10 THE STRAND Sold Prices

Land registry data shows three sales for 10 THE STRAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 10 THE STRAND 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
2012 11 MAY	£174,500	£176,688	1% below HPI
2002 26 APR	£87,950	£89,149	1% below HPI
1995 21 APR	£72,000	£76,096	5% below HPI

10 THE STRAND 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 three 10 THE STRAND sales between April 1995 and May 2012 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 April 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2012 sale, which was also at 1% below the HPI.

What might 10 THE STRAND be worth now?

10 THE STRAND might now be worth an estimated £252,693.

This is based on house price inflation of 44.8%, between May 2012 and February 2025, 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 44.8% inflationary increase is applied to the most recent sale price for 10 THE STRAND of £174,500 on 11th May 2012. For the value to have increased from £174,500 to £252,693 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 10 THE STRAND has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2012 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 10 THE STRAND has not materially changed since May 2012.

How Large is 10 THE STRAND?

10 THE STRAND is 89m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 10 THE STRAND lies on this distribution: 28% of detached houses houses are smaller than 10 THE STRAND, and 70% of houses are larger. Note that EPC data is not available for all properties in Redcar.

10 THE STRAND: Plot and Title Map

10 THE STRAND sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 10 THE STRAND, 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 THE STRAND). 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 THE STRAND?

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