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
505 WEST DYKE ROAD is a very large extended detached house of 249m², built sometime between 1967 and 1975. It was last sold for £380,000 in August 2022, which was around 57% above the average August 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 505 WEST DYKE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the three 505 WEST DYKE ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2022 8 AUG | £380,000 | £241,572 | 57% above HPI |
2000 6 OCT | £75,000 | £86,411 | 13% below HPI |
1995 15 FEB | £57,500 | £75,893 | 24% below HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 505 WEST DYKE ROAD sales between February 1995 and August 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 October 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.
505 WEST DYKE ROAD is 249m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 505 WEST DYKE ROAD lies on this distribution: More than 99% of detached houses are smaller than 505 WEST DYKE ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Redcar.
505 WEST DYKE ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 505 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 505 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.
505 WEST DYKE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 505 on WEST DYKE ROAD.