518, WEST DYKE ROAD, REDCAR, TS10 4QP - £184,000

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

518 WEST DYKE ROAD is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £184,000 in August 2020, which was around 6% below the average August 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

518 WEST DYKE ROAD Sold Prices

Land registry data shows two sales for 518 WEST DYKE ROAD 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 518 WEST DYKE ROAD 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
2020 3 AUG	£184,000	£196,771	6% below HPI
2006 29 SEP	£130,000	£185,938	30% below HPI

518 WEST DYKE ROAD 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 518 WEST DYKE ROAD sales from September 2006 and August 2020 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 September 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 518 WEST DYKE ROAD?

518 WEST DYKE ROAD is 104m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 518 WEST DYKE ROAD lies on this distribution: 47% of detached houses are smaller than 518 WEST DYKE ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Redcar.

518 WEST DYKE ROAD: Plot and Title Map

518 WEST DYKE ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 518 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 518 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.

Where is 518 WEST DYKE ROAD?

518 WEST DYKE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 518 on WEST DYKE ROAD.