159, OAK ROAD, REDCAR, TS10 3RE - £379,000

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

159 OAK ROAD is a very large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £379,000 in May 2020, which was around 103% above the average May 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was D.

159 OAK ROAD Sold Prices

Land registry data shows two sales for 159 OAK ROAD 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 159 OAK ROAD 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
2020 28 MAY	£379,000	£186,839	103% above HPI
2019 25 JAN	£370,000	£183,885	101% above HPI

159 OAK ROAD 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 159 OAK ROAD sales from January 2019 and May 2020 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 2019 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the May 2020 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 159 OAK ROAD?

159 OAK ROAD is 136m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 159 OAK ROAD lies on this distribution: 83% of detached houses are smaller than 159 OAK ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Redcar.

159 OAK ROAD: Plot and Title Map

159 OAK ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 159 OAK ROAD, 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 159 OAK ROAD). 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 159 OAK ROAD?

159 OAK ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 159 on OAK ROAD.