Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
10 TORCROSS WAY is a very small detached house of 67m², built sometime between 1991 and 1995. It was last sold for £180,000 in April 2018, which was around 3% below the average April 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 10 TORCROSS WAY since 1st 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 10 TORCROSS WAY 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 |
---|---|---|---|
2018 12 APR | £180,000 | £185,925 | 3% below HPI |
1998 22 MAY | £75,000 | £79,877 | 6% below HPI |
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 10 TORCROSS WAY sales from May 1998 and April 2018 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 May 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
10 TORCROSS WAY is 67m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 TORCROSS WAY lies on this distribution: 7% of detached houses are smaller than 10 TORCROSS WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Redcar.
10 TORCROSS WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 10 TORCROSS 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 10 TORCROSS 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.
10 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 10 on TORCROSS WAY.