11, NEWQUAY DRIVE, REDCAR, TS10 4GL - £325,000

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 NEWQUAY DRIVE is a very large extended detached house of 141m², built sometime between 2003 and 2006. It was last sold for £325,000 in November 2022, which was around 31% above the average November 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

11 NEWQUAY DRIVE Sold Prices

Land registry data shows two sales for 11 NEWQUAY DRIVE 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 NEWQUAY DRIVE sales were for above 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 24 NOV	£325,000	£247,402	31% above HPI
2008 2 MAY	£230,000	£196,607	17% above HPI

11 NEWQUAY DRIVE 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 NEWQUAY DRIVE sales from May 2008 and November 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 May 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 11 NEWQUAY DRIVE?

11 NEWQUAY DRIVE is 141m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% 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 NEWQUAY DRIVE lies on this distribution: 86% of detached houses are smaller than 11 NEWQUAY DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 NEWQUAY DRIVE: Plot and Title Map

11 NEWQUAY DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 11 NEWQUAY DRIVE, 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 NEWQUAY DRIVE). 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 NEWQUAY DRIVE?

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