4, CORAL WAY, REDCAR, TS10 2JP - £244,000

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

4 CORAL WAY is a large detached house of 114m², built sometime between 1983 and 1990. It was last sold for £244,000 in August 2018, which was around 26% above the average August 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

4 CORAL WAY Sold Prices

Land registry data shows two sales for 4 CORAL WAY 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 4 CORAL 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
2018 6 AUG	£244,000	£194,142	26% above HPI
2007 7 SEP	£230,000	£202,725	13% above HPI

4 CORAL 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 two 4 CORAL WAY sales from September 2007 and August 2018 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 September 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 4 CORAL WAY?

4 CORAL WAY is 114m² according to the EPC inspection conducted in June 2018. 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 4 CORAL WAY lies on this distribution: 60% of detached houses are smaller than 4 CORAL WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 CORAL WAY: Plot and Title Map

4 CORAL WAY sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 4 CORAL 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 4 CORAL 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 4 CORAL WAY?

4 CORAL WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 4 on CORAL WAY.