120, TORCROSS WAY, REDCAR, TS10 2SH - £125,000

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

120 TORCROSS WAY is a very small semi-detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £172,402. It was last sold for £125,000 in August 2015, which was around 12% above the average August 2015 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

120 TORCROSS WAY Sold Prices

Land registry data shows four sales for 120 TORCROSS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 120 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
2015 13 AUG	£125,000	£111,975	12% above HPI
2013 8 JAN	£115,000	£104,918	10% above HPI
2003 16 MAY	£76,000	£65,020	17% above HPI
2000 16 JUN	£56,995	£48,162	18% above HPI

120 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 four 120 TORCROSS WAY sales between June 2000 and August 2015 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 January 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 120 TORCROSS WAY be worth now?

120 TORCROSS WAY might now be worth an estimated £172,402.

This is based on house price inflation of 37.9%, between August 2015 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 37.9% inflationary increase is applied to the most recent sale price for 120 TORCROSS WAY of £125,000 on 13th August 2015. For the value to have increased from £125,000 to £172,402 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 120 TORCROSS WAY has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 120 TORCROSS WAY has not materially changed since August 2015.

How Large is 120 TORCROSS WAY?

120 TORCROSS WAY is 60m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% 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 120 TORCROSS WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 120 TORCROSS WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Redcar.

120 TORCROSS WAY: Plot and Title Map

120 TORCROSS WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 120 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 120 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 120 TORCROSS WAY?

120 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 120 on TORCROSS WAY.