5, RILLSTONE WAY, REDCAR, TS10 2TW - £215,000

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 RILLSTONE WAY is a very large extended detached house of 146m², built sometime between 1991 and 1995. It was last sold for £215,000 in August 2009, which was around 18% above the average August 2009 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 RILLSTONE WAY Sold Prices

Land registry data shows two sales for 5 RILLSTONE WAY 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 RILLSTONE WAY 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
2009 21 AUG	£215,000	£181,627	18% above HPI
2003 27 JUN	£150,500	£118,526	27% above HPI

5 RILLSTONE WAY 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 RILLSTONE WAY sales from June 2003 and August 2009 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 June 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2009 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 5 RILLSTONE WAY?

5 RILLSTONE WAY is 146m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% 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 RILLSTONE WAY lies on this distribution: 87% of detached houses are smaller than 5 RILLSTONE WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 RILLSTONE WAY: Plot and Title Map

5 RILLSTONE WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 RILLSTONE WAY, 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 RILLSTONE WAY). 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 RILLSTONE WAY?

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