11, SALCOMBE WAY, REDCAR, TS10 2RB - £225,000

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 SALCOMBE WAY is a very large detached house of 153m², built sometime between 1991 and 1995. It was last sold for £225,000 in March 2021, which was around 5% above the average March 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

11 SALCOMBE WAY Sold Prices

Land registry data shows three sales for 11 SALCOMBE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 11 SALCOMBE WAY 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
2021 11 MAR	£225,000	£214,032	5% above HPI
2015 24 NOV	£232,000	£181,810	28% above HPI
2013 11 OCT	£238,000	£178,036	34% above HPI

11 SALCOMBE 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 three 11 SALCOMBE WAY sales between October 2013 and March 2021 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 November 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 11 SALCOMBE WAY?

11 SALCOMBE WAY is 153m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 SALCOMBE WAY lies on this distribution: 90% of detached houses are smaller than 11 SALCOMBE WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 SALCOMBE WAY: Plot and Title Map

11 SALCOMBE WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 11 SALCOMBE 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 SALCOMBE 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 SALCOMBE WAY?

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