130, TORCROSS WAY, REDCAR, TS10 2SH - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

130 TORCROSS WAY is a very large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £235,000 in March 2021, which was around 10% above the average March 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

130 TORCROSS WAY Sold Prices

Land registry data shows two sales for 130 TORCROSS 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 130 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
2021 5 MAR	£235,000	£214,032	10% above HPI
2001 21 MAR	£92,000	£83,250	11% above HPI

130 TORCROSS 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 130 TORCROSS WAY sales from March 2001 and March 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 March 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 130 TORCROSS WAY?

130 TORCROSS WAY is 134m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 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 130 TORCROSS WAY lies on this distribution: 81% of detached houses are smaller than 130 TORCROSS WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Redcar.

130 TORCROSS WAY: Plot and Title Map

130 TORCROSS WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 130 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 130 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 130 TORCROSS WAY?

130 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 130 on TORCROSS WAY.