11, FERNWOOD, REDCAR, TS10 4NF - £185,000

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

11 FERNWOOD is a midsized extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £185,000 in July 2022, which was around 24% below the average July 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

11 FERNWOOD Sold Prices

Land registry data shows two sales for 11 FERNWOOD since 1^st 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 FERNWOOD 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
2022 18 JUL	£185,000	£242,078	24% below HPI
2014 24 OCT	£109,995	£182,149	40% below HPI

11 FERNWOOD 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 two 11 FERNWOOD sales from October 2014 and July 2022 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 October 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 11 FERNWOOD?

11 FERNWOOD is 109m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 FERNWOOD lies on this distribution: 55% of detached houses are smaller than 11 FERNWOOD, and 44% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 FERNWOOD: Plot and Title Map

11 FERNWOOD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 11 FERNWOOD, 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 FERNWOOD). 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 11 FERNWOOD?

11 FERNWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 11 on FERNWOOD.