118A, BROADWAY EAST, REDCAR, TS10 5DP - £60,000

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

118A BROADWAY EAST is a midsized detached house of 102m², built sometime between 1950 and 1966. It was last sold for £60,000 in June 2009, which was around 66% below the average June 2009 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

118A BROADWAY EAST Sold Prices

Land registry data shows four sales for 118A BROADWAY EAST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 118A BROADWAY EAST sales were for below 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
2009 5 JUN	£60,000	£177,343	66% below HPI
2008 30 SEP	£115,000	£186,539	38% below HPI
2004 24 MAY	£135,000	£145,446	7% below HPI
2001 30 NOV	£56,950	£87,480	35% below HPI

118A BROADWAY EAST 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 four 118A BROADWAY EAST sales between November 2001 and June 2009 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 September 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2009 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 118A BROADWAY EAST?

118A BROADWAY EAST is 102m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 118A BROADWAY EAST lies on this distribution: 46% of detached houses are smaller than 118A BROADWAY EAST, and 53% of houses are larger. Note that EPC data is not available for all properties in Redcar.

118A BROADWAY EAST: Plot and Title Map

118A BROADWAY EAST sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 118A BROADWAY EAST, 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 118A BROADWAY EAST). 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 118A BROADWAY EAST?

118A BROADWAY EAST is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 118A on BROADWAY EAST.