496, WEST DYKE ROAD, REDCAR, TS10 4QL - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

496 WEST DYKE ROAD is a very large extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £362,901. It was last sold for £340,000 in May 2022, which was around 42% above the average May 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

496 WEST DYKE ROAD Sold Prices

Land registry data shows five sales for 496 WEST DYKE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the five 496 WEST DYKE ROAD 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
2022 19 MAY	£340,000	£239,715	42% above HPI
2018 29 MAR	£150,000	£185,788	19% below HPI
2005 17 MAR	£200,995	£167,910	20% above HPI
2002 1 FEB	£110,000	£90,487	22% above HPI
1997 18 JUL	£101,000	£76,719	32% above HPI

496 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 five 496 WEST DYKE ROAD sales between July 1997 and May 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 March 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 496 WEST DYKE ROAD be worth now?

496 WEST DYKE ROAD might now be worth an estimated £362,901.

This is based on house price inflation of 6.7%, between May 2022 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 496 WEST DYKE ROAD of £340,000 on 19th May 2022. For the value to have increased from £340,000 to £362,901 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 496 WEST DYKE ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 496 WEST DYKE ROAD has not materially changed since May 2022.

How Large is 496 WEST DYKE ROAD?

496 WEST DYKE ROAD is 155m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 496 WEST DYKE ROAD lies on this distribution: 91% of detached houses houses are smaller than 496 WEST DYKE ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Redcar.

496 WEST DYKE ROAD: Plot and Title Map

496 WEST DYKE ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 496 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 496 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 496 WEST DYKE ROAD?

496 WEST DYKE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 496 on WEST DYKE ROAD.