141, TORCROSS WAY, REDCAR, TS10 2SH - £306,000

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

141 TORCROSS WAY is a large detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £321,070. It was last sold for £306,000 in November 2023, which was around 25% above the average November 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

141 TORCROSS WAY Sold Prices

Land registry data shows two sales for 141 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 141 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
2023 27 NOV	£306,000	£243,852	25% above HPI
2003 26 MAR	£126,950	£101,244	25% above HPI

141 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 141 TORCROSS WAY sales from March 2003 and November 2023 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2023 sale, which was also at 25% above the HPI.

What might 141 TORCROSS WAY be worth now?

141 TORCROSS WAY might now be worth an estimated £321,070.

This is based on house price inflation of 4.9%, between November 2023 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 4.9% inflationary increase is applied to the most recent sale price for 141 TORCROSS WAY of £306,000 on 27th November 2023. For the value to have increased from £306,000 to £321,070 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 141 TORCROSS WAY has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2023 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 141 TORCROSS WAY has not materially changed since November 2023.

How Large is 141 TORCROSS WAY?

141 TORCROSS WAY is 122m² according to the EPC inspection conducted in February 2014. This puts it in the largest 30% 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 141 TORCROSS WAY lies on this distribution: 71% of detached houses houses are smaller than 141 TORCROSS WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Redcar.

141 TORCROSS WAY: Plot and Title Map

141 TORCROSS WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 141 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 141 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 141 TORCROSS WAY?

141 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 141 on TORCROSS WAY.