12, TORCROSS WAY, REDCAR, TS10 2RU - £142,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 TORCROSS WAY is a very small semi-detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £200,981. It was last sold for £142,000 in August 2014, which was around 30% above the average August 2014 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 TORCROSS WAY Sold Prices

Land registry data shows three sales for 12 TORCROSS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 12 TORCROSS WAY sales were for above 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
2014 15 AUG	£142,000	£109,116	30% above HPI
2003 16 JUL	£120,000	£69,547	73% above HPI
1998 23 APR	£57,845	£45,313	28% above HPI

12 TORCROSS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 12 TORCROSS WAY sales between April 1998 and August 2014 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 July 2003 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2014 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 12 TORCROSS WAY be worth now?

12 TORCROSS WAY might now be worth an estimated £200,981.

This is based on house price inflation of 41.5%, between August 2014 and February 2025, for semi-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 41.5% inflationary increase is applied to the most recent sale price for 12 TORCROSS WAY of £142,000 on 15th August 2014. For the value to have increased from £142,000 to £200,981 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 TORCROSS WAY has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2014 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TORCROSS WAY has not materially changed since August 2014.

How Large is 12 TORCROSS WAY?

12 TORCROSS WAY is 80m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 12 TORCROSS WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 12 TORCROSS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 TORCROSS WAY: Plot and Title Map

12 TORCROSS WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 12 TORCROSS 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 TORCROSS 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 TORCROSS WAY?

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