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
141 TORCROSS WAY is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £306,000 in November 2023, which was around 26% 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.
Land registry data shows two sales for 141 TORCROSS WAY since 1st 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 | £243,549 | 26% above HPI |
2003 26 MAR | £126,950 | £101,445 | 25% above 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 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, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
141 TORCROSS WAY is 122m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 141 TORCROSS WAY lies on this distribution: 71% of detached houses are smaller than 141 TORCROSS WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Redcar.
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.
141 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 141 on TORCROSS WAY.