187, LABURNUM ROAD, REDCAR, TS10 3RU - £175,000

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

187 LABURNUM ROAD is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £175,000 in March 2019, which was around 6% below the average March 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

187 LABURNUM ROAD Sold Prices

Land registry data shows two sales for 187 LABURNUM 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 187 LABURNUM ROAD 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
2019 18 MAR	£175,000	£186,451	6% below HPI
2007 24 MAY	£178,000	£197,360	10% below HPI

187 LABURNUM 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 187 LABURNUM ROAD sales from May 2007 and March 2019 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 May 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 187 LABURNUM ROAD?

187 LABURNUM ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in November 2018. 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 187 LABURNUM ROAD lies on this distribution: 78% of detached houses are smaller than 187 LABURNUM ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Redcar.

187 LABURNUM ROAD: Plot and Title Map

187 LABURNUM ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 187 LABURNUM 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 187 LABURNUM 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 187 LABURNUM ROAD?

187 LABURNUM ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 187 on LABURNUM ROAD.