113, CASTLE ROAD, REDCAR, TS10 2NF - £126,500

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.

113 CASTLE ROAD is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £150,694. It was last sold for £126,500 in February 2021, which was around 2% below the average February 2021 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

113 CASTLE ROAD Sold Prices

Land registry data shows three sales for 113 CASTLE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The three 113 CASTLE ROAD sales were a mix of below the average price, roughly equal to the average price, and 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 5 FEB	£126,500	£129,643	2% below HPI
2015 10 DEC	£110,000	£109,811	Close to HPI
1996 16 MAY	£46,000	£42,165	9% above HPI

113 CASTLE ROAD 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 three 113 CASTLE ROAD sales between May 1996 and February 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 December 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 113 CASTLE ROAD be worth now?

113 CASTLE ROAD might now be worth an estimated £150,694.

This is based on house price inflation of 19.1%, between February 2021 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 19.1% inflationary increase is applied to the most recent sale price for 113 CASTLE ROAD of £126,500 on 5th February 2021. For the value to have increased from £126,500 to £150,694 over the four years to February 2025, the following assumptions must hold true:

• The value of 113 CASTLE ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The February 2021 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 113 CASTLE ROAD has not materially changed since February 2021.

How Large is 113 CASTLE ROAD?

113 CASTLE ROAD is 76m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 113 CASTLE ROAD lies on this distribution: 13% of semi-detached houses houses are smaller than 113 CASTLE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Redcar.

113 CASTLE ROAD: Plot and Title Map

113 CASTLE ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 113 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 113 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 113 CASTLE ROAD?

113 CASTLE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 113 on CASTLE ROAD.