6, LUDLOW CRESCENT, REDCAR, TS10 2LQ - £199,950

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

6 LUDLOW CRESCENT is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £199,950 in July 2023, which was around 19% below the average July 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

6 LUDLOW CRESCENT Sold Prices

Land registry data shows two sales for 6 LUDLOW CRESCENT 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 6 LUDLOW CRESCENT 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
2023 6 JUL	£199,950	£245,686	19% below HPI
2002 18 JUL	£75,000	£94,279	20% below HPI

6 LUDLOW CRESCENT 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 6 LUDLOW CRESCENT sales from July 2002 and July 2023 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 July 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 6 LUDLOW CRESCENT?

6 LUDLOW CRESCENT is 61m² according to the EPC inspection conducted in August 2022. 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 6 LUDLOW CRESCENT lies on this distribution: 4% of detached houses are smaller than 6 LUDLOW CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Redcar.

6 LUDLOW CRESCENT: Plot and Title Map

6 LUDLOW CRESCENT sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 6 LUDLOW CRESCENT, 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 6 LUDLOW CRESCENT). 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 6 LUDLOW CRESCENT?

6 LUDLOW CRESCENT is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 6 on LUDLOW CRESCENT.