111, REDCAR LANE, REDCAR, TS10 2DR - £137,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

111 REDCAR LANE is a very small semi-detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £186,191. It was last sold for £137,500 in July 2016, which was around 21% above the average July 2016 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

111 REDCAR LANE Sold Prices

Land registry data shows six sales for 111 REDCAR LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the six 111 REDCAR LANE 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
2016 22 JUL	£137,500	£114,051	21% above HPI
2012 31 AUG	£116,000	£106,983	8% above HPI
2009 10 MAR	£132,500	£108,300	22% above HPI
2004 10 DEC	£120,000	£96,452	24% above HPI
2002 12 JUL	£65,000	£53,519	21% above HPI
1995 1 AUG	£30,000	£42,832	30% below HPI

111 REDCAR LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The six 111 REDCAR LANE sales between August 1995 and July 2016 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 August 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 111 REDCAR LANE be worth now?

111 REDCAR LANE might now be worth an estimated £186,191.

This is based on house price inflation of 35.4%, between July 2016 and February 2025, for semi-detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.4% inflationary increase is applied to the most recent sale price for 111 REDCAR LANE of £137,500 on 22nd July 2016. For the value to have increased from £137,500 to £186,191 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 111 REDCAR LANE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The July 2016 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 111 REDCAR LANE has not materially changed since July 2016.

How Large is 111 REDCAR LANE?

111 REDCAR LANE is 73m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 111 REDCAR LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 111 REDCAR LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redcar.

111 REDCAR LANE: Plot and Title Map

111 REDCAR LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 111 REDCAR LANE, 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 111 REDCAR LANE). 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 111 REDCAR LANE?

111 REDCAR LANE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 111 on REDCAR LANE.