6, OVERCOMBE WAY, REDCAR, TS10 4GN - £206,000

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 OVERCOMBE WAY is a large extended detached house of 122m², built sometime between 2003 and 2006. It was last sold for £206,000 in December 2018, which was around 12% above the average December 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

6 OVERCOMBE WAY Sold Prices

Land registry data shows two sales for 6 OVERCOMBE WAY 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 OVERCOMBE WAY sales were 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
2018 14 DEC	£206,000	£184,340	12% above HPI
2012 10 FEB	£200,000	£175,951	14% above HPI

6 OVERCOMBE WAY 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 OVERCOMBE WAY sales from February 2012 and December 2018 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 February 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 6 OVERCOMBE WAY?

6 OVERCOMBE WAY is 122m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% 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 OVERCOMBE WAY lies on this distribution: 71% of detached houses are smaller than 6 OVERCOMBE WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Redcar.

6 OVERCOMBE WAY: Plot and Title Map

6 OVERCOMBE WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 6 OVERCOMBE WAY, 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 OVERCOMBE WAY). 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 OVERCOMBE WAY?

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