44, TORCROSS WAY, REDCAR, TS10 2RU - £300,000

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

44 TORCROSS WAY is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £300,000 in January 2024, which was around 22% above the average January 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

44 TORCROSS WAY Sold Prices

Land registry data shows four sales for 44 TORCROSS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 44 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 26 JAN	£300,000	£246,430	22% above HPI
2019 4 OCT	£225,000	£193,604	16% above HPI
2015 17 FEB	£169,500	£185,396	9% below HPI
2000 28 JAN	£89,995	£80,588	12% above HPI

44 TORCROSS 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 four 44 TORCROSS WAY sales between January 2000 and January 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 October 2019 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2024 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 44 TORCROSS WAY?

44 TORCROSS WAY is 104m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 44 TORCROSS WAY lies on this distribution: 48% of detached houses are smaller than 44 TORCROSS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Redcar.

44 TORCROSS WAY: Plot and Title Map

44 TORCROSS WAY sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 44 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 44 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 44 TORCROSS WAY?

44 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 44 on TORCROSS WAY.