45, FERNWOOD, REDCAR, TS10 4NF - £101,000

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

45 FERNWOOD is a very small extended detached house of 77m², built sometime between 1991 and 1995. It was last sold for £101,000 in March 2014, which was around 44% below the average March 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

45 FERNWOOD Sold Prices

Land registry data shows two sales for 45 FERNWOOD 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 45 FERNWOOD sales were 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
2014 3 MAR	£101,000	£180,330	44% below HPI
2010 25 JAN	£100,000	£188,279	47% below HPI

45 FERNWOOD 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 45 FERNWOOD sales from January 2010 and March 2014 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 2010 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2014 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 45 FERNWOOD?

45 FERNWOOD is 77m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 45 FERNWOOD lies on this distribution: 14% of detached houses are smaller than 45 FERNWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Redcar.

45 FERNWOOD: Plot and Title Map

45 FERNWOOD sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 45 FERNWOOD, 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 45 FERNWOOD). 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 45 FERNWOOD?

45 FERNWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 45 on FERNWOOD.