103, LABURNUM ROAD, REDCAR, TS10 3PF - £120,000

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

103 LABURNUM ROAD is a very small extended detached house of 56m², built sometime between 1930 and 1949. It was last sold for £120,000 in March 2017, which was around 35% below the average March 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

103 LABURNUM ROAD Sold Prices

Land registry data shows four sales for 103 LABURNUM ROAD 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 103 LABURNUM ROAD 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
2017 10 MAR	£120,000	£183,964	35% below HPI
2007 31 MAY	£142,000	£197,360	28% below HPI
2003 22 DEC	£94,000	£137,215	31% below HPI
2003 9 MAY	£60,000	£112,314	47% below HPI

103 LABURNUM ROAD 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 103 LABURNUM ROAD sales between May 2003 and March 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 May 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 103 LABURNUM ROAD?

103 LABURNUM ROAD is 56m², which includes one extension, according to the EPC inspection conducted in December 2009. 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 103 LABURNUM ROAD lies on this distribution: 2% of detached houses are smaller than 103 LABURNUM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Redcar.

103 LABURNUM ROAD: Plot and Title Map

103 LABURNUM ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 103 LABURNUM ROAD, 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 103 LABURNUM ROAD). 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 103 LABURNUM ROAD?

103 LABURNUM ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 103 on LABURNUM ROAD.