5, WHEATEAR DRIVE, REDCAR, TS10 4NQ - £105,000

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 WHEATEAR DRIVE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £105,000 in August 2016, which was around 43% below the average August 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

5 WHEATEAR DRIVE Sold Prices

Land registry data shows four sales for 5 WHEATEAR DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 5 WHEATEAR 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
2016 19 AUG	£105,000	£184,643	43% below HPI
2013 15 NOV	£115,000	£180,312	36% below HPI
2007 4 MAY	£117,000	£197,360	41% below HPI
1995 14 DEC	£40,000	£73,085	45% below HPI

5 WHEATEAR 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 four 5 WHEATEAR DRIVE sales between December 1995 and August 2016 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 5 WHEATEAR DRIVE?

5 WHEATEAR DRIVE is 57m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 WHEATEAR DRIVE lies on this distribution: 2% of detached houses are smaller than 5 WHEATEAR DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 WHEATEAR DRIVE: Plot and Title Map

5 WHEATEAR DRIVE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 5 WHEATEAR 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 WHEATEAR 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 WHEATEAR DRIVE?

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