3, GOODWOOD ROAD, REDCAR, TS10 2JH - £213,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 GOODWOOD ROAD is a small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £252,395. It was last sold for £213,000 in August 2021, which was around 1% below the average August 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.

3 GOODWOOD ROAD Sold Prices

Land registry data shows two sales for 3 GOODWOOD 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 3 GOODWOOD 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
2021 5 AUG	£213,000	£215,925	1% below HPI
2012 13 JUL	£117,000	£174,410	33% below HPI

3 GOODWOOD 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 3 GOODWOOD ROAD sales from July 2012 and August 2021 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 July 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 GOODWOOD ROAD be worth now?

3 GOODWOOD ROAD might now be worth an estimated £252,395.

This is based on house price inflation of 18.5%, between August 2021 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 3 GOODWOOD ROAD of £213,000 on 5th August 2021. For the value to have increased from £213,000 to £252,395 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 GOODWOOD ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2021 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GOODWOOD ROAD has not materially changed since August 2021.

How Large is 3 GOODWOOD ROAD?

3 GOODWOOD ROAD is 92m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 40% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 3 GOODWOOD ROAD lies on this distribution: 33% of detached houses houses are smaller than 3 GOODWOOD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 GOODWOOD ROAD: Plot and Title Map

3 GOODWOOD ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 GOODWOOD 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 3 GOODWOOD 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 3 GOODWOOD ROAD?

3 GOODWOOD ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 3 on GOODWOOD ROAD.