21, CORPORATION ROAD, REDCAR, TS10 1EY - £138,000

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

21 CORPORATION ROAD is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £138,000 in March 2006, which was around 20% below the average March 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

21 CORPORATION ROAD Sold Prices

Land registry data shows three sales for 21 CORPORATION ROAD 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 21 CORPORATION 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
2006 31 MAR	£138,000	£172,849	20% below HPI
2005 14 DEC	£145,000	£188,611	23% below HPI
1998 6 MAY	£61,995	£79,877	22% below HPI

21 CORPORATION 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 three 21 CORPORATION ROAD sales between May 1998 and March 2006 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 December 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2006 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 21 CORPORATION ROAD?

21 CORPORATION ROAD is 73m² according to the EPC inspection conducted in November 2013. 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 21 CORPORATION ROAD lies on this distribution: 10% of detached houses are smaller than 21 CORPORATION ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Redcar.

21 CORPORATION ROAD: Plot and Title Map

21 CORPORATION ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 21 CORPORATION 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 21 CORPORATION 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 21 CORPORATION ROAD?

21 CORPORATION ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 21 on CORPORATION ROAD.