15, WHEATEAR DRIVE, REDCAR, TS10 4NQ - £129,000

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

15 WHEATEAR DRIVE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £129,000 in July 2017, which was around 31% below the average July 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

15 WHEATEAR DRIVE Sold Prices

Land registry data shows two sales for 15 WHEATEAR DRIVE 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 15 WHEATEAR DRIVE 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
2017 14 JUL	£129,000	£187,618	31% below HPI
2016 20 JUN	£125,000	£187,886	33% below HPI

15 WHEATEAR DRIVE 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 15 WHEATEAR DRIVE sales from June 2016 and July 2017 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 June 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 WHEATEAR DRIVE?

15 WHEATEAR DRIVE is 55m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 15 WHEATEAR DRIVE lies on this distribution: 1% of detached houses are smaller than 15 WHEATEAR DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redcar.

15 WHEATEAR DRIVE: Plot and Title Map

15 WHEATEAR DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 15 WHEATEAR DRIVE, 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 15 WHEATEAR DRIVE). 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 15 WHEATEAR DRIVE?

15 WHEATEAR DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 15 on WHEATEAR DRIVE.