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 WHEATLANDS PARK is a very large extended detached house of 214m², built sometime between 2007 and 2011. It was last sold for £540,000 in May 2024, which was around 115% above the average May 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 11 WHEATLANDS PARK since 1st 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 WHEATLANDS PARK 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 |
---|---|---|---|
2024 30 MAY | £540,000 | £251,221 | 115% above HPI |
2022 13 APR | £560,000 | £233,927 | 139% above HPI |
2021 29 JAN | £250,000 | £209,908 | 19% above 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 three 11 WHEATLANDS PARK sales between January 2021 and May 2024 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 April 2022 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the May 2024 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.
11 WHEATLANDS PARK is 214m², which includes two extensions, according to the EPC inspection conducted in February 2022. 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 WHEATLANDS PARK lies on this distribution: 99% of detached houses are smaller than 11 WHEATLANDS PARK, and 1% of houses are larger. Note that EPC data is not available for all properties in Redcar.
11 WHEATLANDS PARK sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 11 WHEATLANDS PARK, 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 WHEATLANDS PARK). 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 WHEATLANDS PARK is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 11 on WHEATLANDS PARK.