48, WHEATLANDS PARK, REDCAR, TS10 2PF - £250,000

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

48 WHEATLANDS PARK is a very large detached house of 318m², built sometime between 1950 and 1966. It was last sold for £250,000 in December 2019, which was around 30% above the average December 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

48 WHEATLANDS PARK Sold Prices

Land registry data shows three sales for 48 WHEATLANDS PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 48 WHEATLANDS PARK 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
2019 12 DEC	£250,000	£192,801	30% above HPI
2019 31 MAY	£270,000	£189,414	43% above HPI
2010 19 JUL	£240,000	£180,588	33% above HPI

48 WHEATLANDS PARK 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 three 48 WHEATLANDS PARK sales between July 2010 and December 2019 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 2019 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2019 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 48 WHEATLANDS PARK?

48 WHEATLANDS PARK is 318m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 48 WHEATLANDS PARK lies on this distribution: More than 99% of detached houses are smaller than 48 WHEATLANDS PARK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Redcar.

48 WHEATLANDS PARK: Plot and Title Map

48 WHEATLANDS PARK sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 48 WHEATLANDS PARK, 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 48 WHEATLANDS PARK). 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 48 WHEATLANDS PARK?

48 WHEATLANDS PARK is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 48 on WHEATLANDS PARK.