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
11 CASTLE ROAD is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £50,000 in September 2011, which was around 73% below the average September 2011 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 11 CASTLE ROAD 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 11 CASTLE 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 |
---|---|---|---|
2011 28 SEP | £50,000 | £183,247 | 73% below HPI |
2000 15 DEC | £70,000 | £86,202 | 19% 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 11 CASTLE ROAD sales from December 2000 and September 2011 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 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2011 sale, where it falls to 73% below the HPI. The line then continues to track at 73% below the HPI.
11 CASTLE ROAD is 69m², which includes one extension, according to the EPC inspection conducted in January 2010. 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 11 CASTLE ROAD lies on this distribution: 7% of detached houses are smaller than 11 CASTLE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Redcar.
11 CASTLE ROAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 11 CASTLE 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 11 CASTLE 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.
11 CASTLE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 11 on CASTLE ROAD.