40, CASTLE ROAD, REDCAR, TS10 2NJ - £197,000

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.

40 CASTLE ROAD is a very small semi-detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £198,305. It was last sold for £197,000 in August 2024, which was around 28% above the average August 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.

40 CASTLE ROAD Sold Prices

Land registry data shows two sales for 40 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. One of the two 40 CASTLE ROAD sales was for above the average price, whilst the other 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
2024 22 AUG	£197,000	£153,422	28% above HPI
2024 5 JAN	£116,500	£149,103	22% below HPI

40 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 40 CASTLE ROAD sales from January 2024 and August 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 January 2024 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2024 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 40 CASTLE ROAD be worth now?

40 CASTLE ROAD might now be worth an estimated £198,305.

This is based on house price inflation of 0.7%, between August 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 0.7% inflationary increase is applied to the most recent sale price for 40 CASTLE ROAD of £197,000 on 22nd August 2024. For the value to have increased from £197,000 to £198,305 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 40 CASTLE ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2024 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CASTLE ROAD has not materially changed since August 2024.

How Large is 40 CASTLE ROAD?

40 CASTLE ROAD is 81m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% 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 40 CASTLE ROAD lies on this distribution: 17% of semi-detached houses houses are smaller than 40 CASTLE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Redcar.

40 CASTLE ROAD: Plot and Title Map

40 CASTLE ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 40 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 40 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 40 CASTLE ROAD?

40 CASTLE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 40 on CASTLE ROAD.