11, OVERCOMBE WAY, REDCAR, TS10 4GN - £138,000

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 OVERCOMBE WAY is a large extended detached house of 117m², built sometime between 2007 and 2011. It was last sold for £138,000 in October 2012, which was around 23% below the average October 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

11 OVERCOMBE WAY Sold Prices

Land registry data shows two sales for 11 OVERCOMBE WAY 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 OVERCOMBE 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
2012 12 OCT	£138,000	£179,559	23% below HPI
2012 1 FEB	£146,000	£175,951	17% below HPI

11 OVERCOMBE WAY 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 OVERCOMBE WAY sales from February 2012 and October 2012 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 February 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2012 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 11 OVERCOMBE WAY?

11 OVERCOMBE WAY is 117m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% 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 OVERCOMBE WAY lies on this distribution: 65% of detached houses are smaller than 11 OVERCOMBE WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 OVERCOMBE WAY: Plot and Title Map

11 OVERCOMBE WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 11 OVERCOMBE 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 11 OVERCOMBE 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.

Where is 11 OVERCOMBE WAY?

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