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
494 WEST DYKE ROAD is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £269,950 in September 2021, which was around 23% above the average September 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 494 WEST DYKE ROAD since 1st 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. One of the three 494 WEST DYKE ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2021 30 SEP | £269,950 | £218,759 | 23% above HPI |
2014 4 MAR | £170,000 | £180,330 | 6% below HPI |
1999 3 NOV | £60,000 | £80,281 | 25% below HPI |
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 494 WEST DYKE ROAD sales between November 1999 and September 2021 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 March 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
494 WEST DYKE ROAD is 105m², which includes one extension, according to the EPC inspection conducted in August 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 494 WEST DYKE ROAD lies on this distribution: 48% of detached houses are smaller than 494 WEST DYKE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Redcar.
494 WEST DYKE ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 494 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 494 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.
494 WEST DYKE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 494 on WEST DYKE ROAD.