128, REDCAR LANE, REDCAR, TS10 2JJ - £211,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

128 REDCAR LANE is a large detached house of 117m², which could now be worth an estimated £291,210. It was last sold for £211,500 in February 2019, which was around 14% above the average February 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

128 REDCAR LANE Sold Prices

Land registry data shows two sales for 128 REDCAR LANE 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 128 REDCAR LANE 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
2019 19 FEB	£211,500	£185,827	14% above HPI
2015 17 JUL	£218,000	£183,780	19% above HPI

128 REDCAR LANE 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 128 REDCAR LANE sales from July 2015 and February 2019 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 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 128 REDCAR LANE be worth now?

128 REDCAR LANE might now be worth an estimated £291,210.

This is based on house price inflation of 37.7%, between February 2019 and February 2025, for 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 37.7% inflationary increase is applied to the most recent sale price for 128 REDCAR LANE of £211,500 on 19th February 2019. For the value to have increased from £211,500 to £291,210 over the six years to February 2025, the following assumptions must hold true:

• The value of 128 REDCAR LANE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2019 sale price of £211,500 represented a fair market value for the property.
• The size, condition, and specification of 128 REDCAR LANE has not materially changed since February 2019.

How Large is 128 REDCAR LANE?

128 REDCAR LANE is 117m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 128 REDCAR LANE lies on this distribution: 65% of detached houses houses are smaller than 128 REDCAR LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Redcar.

128 REDCAR LANE: Plot and Title Map

128 REDCAR LANE sits on a plot of roughly 4.8 acres, or 19,302m². The below map shows the location of 128 REDCAR LANE, 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 128 REDCAR LANE). 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 128 REDCAR LANE?

128 REDCAR LANE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 128 on REDCAR LANE.