5, THE STRAND, REDCAR, TS10 2QG - £186,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 THE STRAND is a very large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £186,500 in September 2006, which was about the average September 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

5 THE STRAND Sold Prices

Land registry data shows two sales for 5 THE STRAND 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. One of the two 5 THE STRAND sales was roughly equal to the average price, whilst the other was 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
2006 12 SEP	£186,500	£185,938	Close to HPI
2004 22 MAR	£146,000	£137,584	6% above HPI

5 THE STRAND 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 THE STRAND sales from March 2004 and September 2006 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 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2006 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 THE STRAND?

5 THE STRAND is 154m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 10% 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 THE STRAND lies on this distribution: 90% of detached houses are smaller than 5 THE STRAND, and 9% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 THE STRAND: Plot and Title Map

5 THE STRAND sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 5 THE STRAND, 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 THE STRAND). 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 THE STRAND?

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