53, WEST SCAR, REDCAR, TS10 2PQ - £199,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

53 WEST SCAR is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £238,495. It was last sold for £199,000 in February 2021, which was around 7% below the average February 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

53 WEST SCAR Sold Prices

Land registry data shows two sales for 53 WEST SCAR 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 53 WEST SCAR sales was for below 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
2021 10 FEB	£199,000	£213,490	7% below HPI
2003 21 MAY	£121,500	£112,091	8% above HPI

53 WEST SCAR 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 53 WEST SCAR sales from May 2003 and February 2021 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 May 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 53 WEST SCAR be worth now?

53 WEST SCAR might now be worth an estimated £238,495.

This is based on house price inflation of 19.8%, between February 2021 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 53 WEST SCAR of £199,000 on 10th February 2021. For the value to have increased from £199,000 to £238,495 over the four years to February 2025, the following assumptions must hold true:

• The value of 53 WEST SCAR has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2021 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 53 WEST SCAR has not materially changed since February 2021.

How Large is 53 WEST SCAR?

53 WEST SCAR is 94m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 53 WEST SCAR lies on this distribution: 35% of detached houses houses are smaller than 53 WEST SCAR, and 64% of houses are larger. Note that EPC data is not available for all properties in Redcar.

53 WEST SCAR: Plot and Title Map

53 WEST SCAR sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 53 WEST SCAR, 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 53 WEST SCAR). 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 53 WEST SCAR?

53 WEST SCAR is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 53 on WEST SCAR.