27, TORCROSS WAY, REDCAR, TS10 2RU - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 TORCROSS WAY is a very large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £220,000 in September 2004, which was around 33% above the average September 2004 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was B.

27 TORCROSS WAY Sold Prices

Land registry data shows two sales for 27 TORCROSS WAY 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 27 TORCROSS WAY sales were for above 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
2004 17 SEP	£220,000	£165,008	33% above HPI
1999 25 JUN	£94,995	£77,387	23% above HPI

27 TORCROSS 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 two 27 TORCROSS WAY sales from June 1999 and September 2004 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 June 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2004 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 27 TORCROSS WAY?

27 TORCROSS WAY is 138m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 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 27 TORCROSS WAY lies on this distribution: 84% of detached houses are smaller than 27 TORCROSS WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Redcar.

27 TORCROSS WAY: Plot and Title Map

27 TORCROSS WAY sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 27 TORCROSS 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 27 TORCROSS 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 27 TORCROSS WAY?

27 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 27 on TORCROSS WAY.