49, FERNWOOD, REDCAR, TS10 4NF - £98,000

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

49 FERNWOOD is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £98,000 in May 2004, which was around 33% below the average May 2004 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

49 FERNWOOD Sold Prices

Land registry data shows three sales for 49 FERNWOOD 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 49 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
2004 26 MAY	£98,000	£145,446	33% below HPI
2001 19 NOV	£52,500	£87,480	40% below HPI
1995 29 SEP	£43,000	£75,226	43% below HPI

49 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 three 49 FERNWOOD sales between September 1995 and May 2004 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 November 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2004 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 49 FERNWOOD?

49 FERNWOOD is 89m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 49 FERNWOOD lies on this distribution: 28% of detached houses are smaller than 49 FERNWOOD, and 70% of houses are larger. Note that EPC data is not available for all properties in Redcar.

49 FERNWOOD: Plot and Title Map

49 FERNWOOD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 49 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 49 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 49 FERNWOOD?

49 FERNWOOD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 49 on FERNWOOD.