23, CORPORATION ROAD, REDCAR, TS10 1EY - £120,000

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

23 CORPORATION ROAD is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £120,000 in February 2014, which was around 32% below the average February 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

23 CORPORATION ROAD Sold Prices

Land registry data shows two sales for 23 CORPORATION 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 23 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
2014 28 FEB	£120,000	£177,566	32% below HPI
1998 27 MAR	£62,500	£77,541	19% below HPI

23 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 two 23 CORPORATION ROAD sales from March 1998 and February 2014 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 March 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 23 CORPORATION ROAD?

23 CORPORATION ROAD is 76m² according to the EPC inspection conducted in April 2014. 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 23 CORPORATION ROAD lies on this distribution: 13% of detached houses are smaller than 23 CORPORATION ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Redcar.

23 CORPORATION ROAD: Plot and Title Map

23 CORPORATION ROAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 23 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 23 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 23 CORPORATION ROAD?

23 CORPORATION ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 23 on CORPORATION ROAD.