3, NEWQUAY DRIVE, REDCAR, TS10 4GL - £162,500

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

3 NEWQUAY DRIVE is a midsized detached house of 109m², built sometime from 2007 onwards. It was last sold for £162,500 in May 2014, which was around 12% below the average May 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

3 NEWQUAY DRIVE Sold Prices

Land registry data shows two sales for 3 NEWQUAY DRIVE 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 NEWQUAY DRIVE 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 23 MAY	£162,500	£183,629	12% below HPI
2008 31 JUL	£168,300	£196,550	14% below HPI

3 NEWQUAY DRIVE 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 NEWQUAY DRIVE sales from July 2008 and May 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 July 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 NEWQUAY DRIVE?

3 NEWQUAY DRIVE is 109m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 3 NEWQUAY DRIVE lies on this distribution: 55% of detached houses are smaller than 3 NEWQUAY DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 NEWQUAY DRIVE: Plot and Title Map

3 NEWQUAY DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 NEWQUAY DRIVE, 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 NEWQUAY DRIVE). 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 NEWQUAY DRIVE?

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