5, NEWQUAY DRIVE, REDCAR, TS10 4GL - £175,000

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

5 NEWQUAY DRIVE is a small detached house of 92m². It was last sold for £175,000 in May 2017, which was around 7% below the average May 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

5 NEWQUAY DRIVE Sold Prices

Land registry data shows two sales for 5 NEWQUAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 5 NEWQUAY DRIVE 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
2017 25 MAY	£175,000	£187,427	7% below HPI
2008 7 NOV	£170,050	£183,927	8% below HPI

5 NEWQUAY DRIVE 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 two 5 NEWQUAY DRIVE sales from November 2008 and May 2017 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 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 NEWQUAY DRIVE?

5 NEWQUAY DRIVE is 92m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 5 NEWQUAY DRIVE lies on this distribution: 33% of detached houses are smaller than 5 NEWQUAY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 NEWQUAY DRIVE: Plot and Title Map

5 NEWQUAY DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 5 NEWQUAY DRIVE, 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 5 NEWQUAY DRIVE). 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 5 NEWQUAY DRIVE?

5 NEWQUAY DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 5 on NEWQUAY DRIVE.