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
37 RICHMOND ROAD is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £97,500 in July 2003, which was around 18% below the average July 2003 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 37 RICHMOND ROAD since 1st 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 37 RICHMOND 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 |
---|---|---|---|
2003 25 JUL | £97,500 | £119,278 | 18% below HPI |
1995 10 MAR | £65,000 | £74,509 | 13% below HPI |
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 37 RICHMOND ROAD sales from March 1995 and July 2003 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 March 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2003 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
37 RICHMOND ROAD is 119m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 37 RICHMOND ROAD lies on this distribution: 67% of detached houses are smaller than 37 RICHMOND ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Redcar.
37 RICHMOND ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 37 RICHMOND 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 37 RICHMOND 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.
37 RICHMOND ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 37 on RICHMOND ROAD.