16, WORSET GROVE, REDCAR, TS10 2XE - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 WORSET GROVE is a very large detached house of 148m², built sometime between 1991 and 1995, which could now be worth an estimated £304,825. It was last sold for £225,000 in July 2016, which was around 19% above the average July 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

16 WORSET GROVE Sold Prices

Land registry data shows three sales for 16 WORSET GROVE 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 WORSET GROVE 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 15 JUL	£225,000	£188,858	19% above HPI
2012 18 OCT	£212,000	£179,203	18% above HPI
2003 17 NOV	£157,000	£136,348	15% above HPI

16 WORSET GROVE 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 WORSET GROVE sales between November 2003 and July 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 October 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 16 WORSET GROVE be worth now?

16 WORSET GROVE might now be worth an estimated £304,825.

This is based on house price inflation of 35.5%, between July 2016 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 35.5% inflationary increase is applied to the most recent sale price for 16 WORSET GROVE of £225,000 on 15th July 2016. For the value to have increased from £225,000 to £304,825 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 16 WORSET GROVE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WORSET GROVE has not materially changed since July 2016.

How Large is 16 WORSET GROVE?

16 WORSET GROVE is 148m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% 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 16 WORSET GROVE lies on this distribution: 88% of detached houses houses are smaller than 16 WORSET GROVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Redcar.

16 WORSET GROVE: Plot and Title Map

16 WORSET GROVE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 16 WORSET GROVE, 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 WORSET GROVE). 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 WORSET GROVE?

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