2, EAST SCAR, REDCAR, TS10 2PL - £200,000

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

2 EAST SCAR is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £200,000 in December 2022, which was around 18% below the average December 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

2 EAST SCAR Sold Prices

Land registry data shows four sales for 2 EAST SCAR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 2 EAST SCAR 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
2022 14 DEC	£200,000	£245,322	18% below HPI
2017 24 NOV	£140,000	£186,448	25% below HPI
2017 30 JUN	£157,000	£190,114	17% below HPI
2014 10 JUL	£152,500	£179,839	15% below HPI

2 EAST SCAR 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 four 2 EAST SCAR sales between July 2014 and December 2022 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 November 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 EAST SCAR?

2 EAST SCAR is 71m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 2 EAST SCAR lies on this distribution: 8% of detached houses are smaller than 2 EAST SCAR, and 91% of houses are larger. Note that EPC data is not available for all properties in Redcar.

2 EAST SCAR: Plot and Title Map

2 EAST SCAR sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 EAST SCAR, 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 2 EAST SCAR). 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 2 EAST SCAR?

2 EAST SCAR is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 2 on EAST SCAR.