112, CASTLE ROAD, REDCAR, TS10 2ND - £161,000

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

112 CASTLE ROAD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £161,000 in June 2012, which was around 11% below the average June 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

112 CASTLE ROAD Sold Prices

Land registry data shows three sales for 112 CASTLE ROAD 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. Two of the three 112 CASTLE ROAD sales were for below the average price, whilst one was 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
2012 15 JUN	£161,000	£179,892	11% below HPI
2003 31 OCT	£132,500	£131,655	1% above HPI
2000 31 MAR	£52,000	£82,105	37% below HPI

112 CASTLE ROAD 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 112 CASTLE ROAD sales between March 2000 and June 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 October 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 112 CASTLE ROAD?

112 CASTLE ROAD is 75m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 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 112 CASTLE ROAD lies on this distribution: 12% of detached houses are smaller than 112 CASTLE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Redcar.

112 CASTLE ROAD: Plot and Title Map

112 CASTLE ROAD sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 112 CASTLE ROAD, 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 112 CASTLE ROAD). 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 112 CASTLE ROAD?

112 CASTLE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 112 on CASTLE ROAD.