3, PORTHLEVEN WAY, REDCAR, TS10 2RW - £238,500

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 PORTHLEVEN WAY is a very large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £238,500 in December 2010, which was around 32% above the average December 2010 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

3 PORTHLEVEN WAY Sold Prices

Land registry data shows three sales for 3 PORTHLEVEN WAY 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 3 PORTHLEVEN 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
2010 10 DEC	£238,500	£180,101	32% above HPI
2008 11 JAN	£212,500	£197,629	8% above HPI
1997 26 MAR	£106,000	£73,726	44% above HPI

3 PORTHLEVEN 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 three 3 PORTHLEVEN WAY sales between March 1997 and December 2010 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 January 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2010 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 3 PORTHLEVEN WAY?

3 PORTHLEVEN WAY is 140m² according to the EPC inspection conducted in May 2010. 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 3 PORTHLEVEN WAY lies on this distribution: 85% of detached houses are smaller than 3 PORTHLEVEN WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 PORTHLEVEN WAY: Plot and Title Map

3 PORTHLEVEN WAY sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 3 PORTHLEVEN 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 3 PORTHLEVEN 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 3 PORTHLEVEN WAY?

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