492, WEST DYKE ROAD, REDCAR, TS10 4QL - £245,000

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

492 WEST DYKE ROAD is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £245,000 in November 2022, which was around 1% below the average November 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

492 WEST DYKE ROAD Sold Prices

Land registry data shows three sales for 492 WEST DYKE ROAD 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 492 WEST DYKE ROAD 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
2022 1 NOV	£245,000	£247,402	1% below HPI
2015 16 JAN	£131,000	£182,596	28% below HPI
2009 11 SEP	£141,000	£186,857	25% below HPI

492 WEST DYKE ROAD 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 492 WEST DYKE ROAD sales between September 2009 and November 2022 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 492 WEST DYKE ROAD?

492 WEST DYKE ROAD is 106m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 492 WEST DYKE ROAD lies on this distribution: 49% of detached houses are smaller than 492 WEST DYKE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Redcar.

492 WEST DYKE ROAD: Plot and Title Map

492 WEST DYKE ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 492 WEST DYKE 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 492 WEST DYKE 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 492 WEST DYKE ROAD?

492 WEST DYKE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 492 on WEST DYKE ROAD.