12, ALTHORP, REDCAR, TS10 1NY - £149,950

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.

12 ALTHORP is a small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £189,306. It was last sold for £149,950 in November 2020, which was around 26% below the average November 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

12 ALTHORP Sold Prices

Land registry data shows two sales for 12 ALTHORP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 12 ALTHORP 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
2020 6 NOV	£149,950	£202,668	26% below HPI
1998 30 OCT	£64,995	£77,326	16% below HPI

12 ALTHORP 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 two 12 ALTHORP sales from October 1998 and November 2020 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 12 ALTHORP be worth now?

12 ALTHORP might now be worth an estimated £189,306.

This is based on house price inflation of 26.2%, between November 2020 and February 2025, for 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 26.2% inflationary increase is applied to the most recent sale price for 12 ALTHORP of £149,950 on 6th November 2020. For the value to have increased from £149,950 to £189,306 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 ALTHORP has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2020 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 12 ALTHORP has not materially changed since November 2020.

How Large is 12 ALTHORP?

12 ALTHORP is 87m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 12 ALTHORP lies on this distribution: 24% of detached houses houses are smaller than 12 ALTHORP, and 75% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 ALTHORP: Plot and Title Map

12 ALTHORP sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 12 ALTHORP, 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 12 ALTHORP). 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 12 ALTHORP?

12 ALTHORP is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 12 on ALTHORP.