18, SALCOMBE WAY, REDCAR, TS10 2RB - £167,500

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

18 SALCOMBE WAY is a very small extended detached house of 80m², built sometime between 1991 and 1995. It was last sold for £167,500 in September 2020, which was around 17% below the average September 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

18 SALCOMBE WAY Sold Prices

Land registry data shows three sales for 18 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 18 SALCOMBE WAY 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
2020 4 SEP	£167,500	£202,928	17% below HPI
2016 18 JUL	£164,500	£189,232	13% below HPI
2002 17 JUN	£86,950	£92,816	6% below HPI

18 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 18 SALCOMBE WAY sales between June 2002 and September 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 July 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 18 SALCOMBE WAY?

18 SALCOMBE WAY is 80m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 18 SALCOMBE WAY lies on this distribution: 17% of detached houses are smaller than 18 SALCOMBE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Redcar.

18 SALCOMBE WAY: Plot and Title Map

18 SALCOMBE WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 18 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 18 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 18 SALCOMBE WAY?

18 SALCOMBE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 18 on SALCOMBE WAY.