34, TORCROSS WAY, REDCAR, TS10 2RU - £157,000

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

34 TORCROSS WAY is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £157,000 in March 2004, which was around 14% above the average March 2004 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

34 TORCROSS WAY Sold Prices

Land registry data shows three sales for 34 TORCROSS 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. Two of the three 34 TORCROSS WAY sales were for above the average price, whilst one was 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
2004 26 MAR	£157,000	£137,584	14% above HPI
2001 6 JUL	£85,000	£86,892	2% below HPI
1999 16 JUL	£81,995	£79,491	3% above HPI

34 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 three 34 TORCROSS WAY sales between July 1999 and March 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 July 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2004 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 34 TORCROSS WAY?

34 TORCROSS WAY is 104m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 34 TORCROSS WAY lies on this distribution: 48% of detached houses are smaller than 34 TORCROSS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Redcar.

34 TORCROSS WAY: Plot and Title Map

34 TORCROSS WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 34 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 34 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 34 TORCROSS WAY?

34 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 34 on TORCROSS WAY.