16, SALCOMBE WAY, REDCAR, TS10 2RB - £230,000

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

16 SALCOMBE WAY is a large detached house of 128m², built sometime between 1991 and 1995. It was last sold for £230,000 in August 2016, which was around 25% above the average August 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

16 SALCOMBE WAY Sold Prices

Land registry data shows three sales for 16 SALCOMBE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 16 SALCOMBE 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
2016 12 AUG	£230,000	£184,643	25% above HPI
2006 29 MAR	£212,000	£172,849	23% above HPI
2002 29 JAN	£106,500	£91,086	17% above HPI

16 SALCOMBE 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 three 16 SALCOMBE WAY sales between January 2002 and August 2016 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 16 SALCOMBE WAY?

16 SALCOMBE WAY is 128m² according to the EPC inspection conducted in June 2016. 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 16 SALCOMBE WAY lies on this distribution: 78% of detached houses are smaller than 16 SALCOMBE WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Redcar.

16 SALCOMBE WAY: Plot and Title Map

16 SALCOMBE WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 16 SALCOMBE 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 16 SALCOMBE 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 16 SALCOMBE WAY?

16 SALCOMBE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 16 on SALCOMBE WAY.