38, CASTLE ROAD, REDCAR, TS10 2NJ - £152,000

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.

38 CASTLE ROAD is a very small semi-detached house of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £201,755. It was last sold for £152,000 in March 2020, which was around 31% above the average March 2020 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

38 CASTLE ROAD Sold Prices

Land registry data shows two sales for 38 CASTLE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 38 CASTLE ROAD 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
2020 23 MAR	£152,000	£116,352	31% above HPI
2015 25 JUN	£117,000	£110,685	6% above HPI

38 CASTLE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 38 CASTLE ROAD sales from June 2015 and March 2020 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 June 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 38 CASTLE ROAD be worth now?

38 CASTLE ROAD might now be worth an estimated £201,755.

This is based on house price inflation of 32.7%, between March 2020 and February 2025, for semi-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 32.7% inflationary increase is applied to the most recent sale price for 38 CASTLE ROAD of £152,000 on 23rd March 2020. For the value to have increased from £152,000 to £201,755 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 38 CASTLE ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The March 2020 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CASTLE ROAD has not materially changed since March 2020.

How Large is 38 CASTLE ROAD?

38 CASTLE ROAD is 45m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 38 CASTLE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 38 CASTLE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redcar.

38 CASTLE ROAD: Plot and Title Map

38 CASTLE ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 38 CASTLE 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 38 CASTLE 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 38 CASTLE ROAD?

38 CASTLE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 38 on CASTLE ROAD.