12, OVERCOMBE WAY, REDCAR, TS10 4GN - £166,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 OVERCOMBE WAY is a very small extended semi-detached house of 75m², built sometime between 2007 and 2011. It was last sold for £166,000 in June 2022, which was around 31% below the average June 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12 OVERCOMBE WAY Sold Prices

Land registry data shows three sales for 12 OVERCOMBE WAY 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. All of the three 12 OVERCOMBE WAY 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
2022 27 JUN	£166,000	£240,381	31% below HPI
2018 28 SEP	£129,000	£195,835	34% below HPI
2012 16 MAR	£145,000	£174,145	17% below HPI

12 OVERCOMBE WAY 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 12 OVERCOMBE WAY sales between March 2012 and June 2022 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 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 OVERCOMBE WAY?

12 OVERCOMBE WAY is 75m², which includes three extensions, according to the EPC inspection conducted in March 2022. 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 12 OVERCOMBE WAY lies on this distribution: 11% of detached houses are smaller than 12 OVERCOMBE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 OVERCOMBE WAY: Plot and Title Map

12 OVERCOMBE WAY sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 12 OVERCOMBE WAY, 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 OVERCOMBE WAY). 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 OVERCOMBE WAY?

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