12, FERNWOOD, REDCAR, TS10 4NF - £93,500

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

12 FERNWOOD is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £93,500 in September 2004, which was around 43% below the average September 2004 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 FERNWOOD Sold Prices

Land registry data shows two sales for 12 FERNWOOD 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 FERNWOOD 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
2004 7 SEP	£93,500	£165,008	43% below HPI
2001 2 NOV	£46,500	£87,480	47% below HPI

12 FERNWOOD 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 FERNWOOD sales from November 2001 and September 2004 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 November 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2004 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 FERNWOOD?

12 FERNWOOD is 58m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 12 FERNWOOD lies on this distribution: 3% of detached houses are smaller than 12 FERNWOOD, and 97% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 FERNWOOD: Plot and Title Map

12 FERNWOOD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 12 FERNWOOD, 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 FERNWOOD). 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 FERNWOOD?

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