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
14 NEWLYN WAY is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £168,750 in December 2019, which was around 12% below the average December 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 14 NEWLYN WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 14 NEWLYN WAY sales were 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 |
---|---|---|---|
2019 16 DEC | £168,750 | £192,801 | 12% below HPI |
2016 4 JAN | £146,500 | £185,801 | 21% below HPI |
2002 31 MAY | £87,000 | £89,558 | 3% below HPI |
1998 2 JUN | £72,950 | £80,429 | 9% below HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 14 NEWLYN WAY sales between June 1998 and December 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 January 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
14 NEWLYN WAY is 91m², which includes three extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 14 NEWLYN WAY lies on this distribution: 32% of detached houses are smaller than 14 NEWLYN WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Redcar.
14 NEWLYN WAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 14 NEWLYN 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 14 NEWLYN 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.
14 NEWLYN WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 14 on NEWLYN WAY.