12, SCHOOL WAY, REDCAR, TS10 2PW - £165,000

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 SCHOOL WAY is a very small semi-detached house of 84m². It was last sold for £165,000 in September 2020, which was around 19% below the average September 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

12 SCHOOL WAY Sold Prices

Land registry data shows two sales for 12 SCHOOL WAY 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 SCHOOL 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
2020 4 SEP	£165,000	£202,928	19% below HPI
2017 31 MAR	£169,995	£183,964	8% below HPI

12 SCHOOL 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 two 12 SCHOOL WAY sales from March 2017 and September 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 March 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 SCHOOL WAY?

12 SCHOOL WAY is 84m² according to the EPC inspection conducted in July 2017. 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 SCHOOL WAY lies on this distribution: 20% of detached houses are smaller than 12 SCHOOL WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 SCHOOL WAY: Plot and Title Map

12 SCHOOL WAY sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 12 SCHOOL 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 SCHOOL 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 SCHOOL WAY?

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