124, OAK ROAD, REDCAR, TS10 3RF - £230,000

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

124 OAK ROAD is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £230,000 in September 2021, which was around 5% above the average September 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

124 OAK ROAD Sold Prices

Land registry data shows two sales for 124 OAK ROAD 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. One of the two 124 OAK ROAD sales was for above the average price, whilst the other was 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
2021 3 SEP	£230,000	£218,759	5% above HPI
2007 17 SEP	£185,000	£202,725	9% below HPI

124 OAK ROAD 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 124 OAK ROAD sales from September 2007 and September 2021 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 124 OAK ROAD?

124 OAK ROAD is 87m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 124 OAK ROAD lies on this distribution: 24% of detached houses are smaller than 124 OAK ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Redcar.

124 OAK ROAD: Plot and Title Map

124 OAK ROAD sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 124 OAK ROAD, 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 124 OAK ROAD). 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 124 OAK ROAD?

124 OAK ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 124 on OAK ROAD.