4, TORCROSS WAY, REDCAR, TS10 2RU - £177,500

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.

4 TORCROSS WAY is a very small extended semi-detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £173,060. It was last sold for £177,500 in December 2024, which was around 12% above the average December 2024 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

4 TORCROSS WAY Sold Prices

Land registry data shows three sales for 4 TORCROSS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 4 TORCROSS 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
2024 13 DEC	£177,500	£158,400	12% above HPI
2023 5 MAY	£153,500	£146,220	5% above HPI
1998 6 MAY	£58,995	£45,955	28% above HPI

4 TORCROSS WAY 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 three 4 TORCROSS WAY sales between May 1998 and December 2024 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 May 2023 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2024 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 TORCROSS WAY be worth now?

4 TORCROSS WAY might now be worth an estimated £173,060.

This is based on house price deflation of 2.5%, between December 2024 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 2.5% deflationary decrease is applied to the most recent sale price for 4 TORCROSS WAY of £177,500 on 13th December 2024. For the value to have decreased from £177,500 to £173,060 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 4 TORCROSS WAY has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The December 2024 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 4 TORCROSS WAY has not materially changed since December 2024.

How Large is 4 TORCROSS WAY?

4 TORCROSS WAY is 69m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 4 TORCROSS WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 4 TORCROSS WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 TORCROSS WAY: Plot and Title Map

4 TORCROSS WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 4 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 4 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 4 TORCROSS WAY?

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