173, REDCAR LANE, REDCAR, TS10 2EJ - £302,500

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

173 REDCAR LANE is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £302,500 in April 2017, which was around 60% above the average April 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

173 REDCAR LANE Sold Prices

Land registry data shows two sales for 173 REDCAR LANE 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 173 REDCAR LANE 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
2017 19 APR	£302,500	£188,735	60% above HPI
1996 27 JUN	£80,000	£71,649	12% above HPI

173 REDCAR LANE 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 173 REDCAR LANE sales from June 1996 and April 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 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2017 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 173 REDCAR LANE?

173 REDCAR LANE is 162m², which includes three extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 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 173 REDCAR LANE lies on this distribution: 92% of detached houses are smaller than 173 REDCAR LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redcar.

173 REDCAR LANE: Plot and Title Map

173 REDCAR LANE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 173 REDCAR LANE, 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 173 REDCAR LANE). 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 173 REDCAR LANE?

173 REDCAR LANE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 173 on REDCAR LANE.