62, CASTLE ROAD, REDCAR, TS10 2NQ - £160,000

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.

62 CASTLE ROAD is a very small semi-detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £186,147. It was last sold for £160,000 in April 2021, which was around 21% above the average April 2021 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

62 CASTLE ROAD Sold Prices

Land registry data shows four sales for 62 CASTLE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 62 CASTLE ROAD 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
2021 30 APR	£160,000	£132,745	21% above HPI
2014 30 MAY	£133,000	£111,384	19% above HPI
2006 25 APR	£140,000	£108,134	29% above HPI
1996 30 AUG	£40,000	£41,892	5% below HPI

62 CASTLE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 62 CASTLE ROAD sales between August 1996 and April 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 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 62 CASTLE ROAD be worth now?

62 CASTLE ROAD might now be worth an estimated £186,147.

This is based on house price inflation of 16.3%, between April 2021 and February 2025, for semi-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 16.3% inflationary increase is applied to the most recent sale price for 62 CASTLE ROAD of £160,000 on 30th April 2021. For the value to have increased from £160,000 to £186,147 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 62 CASTLE ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The April 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 62 CASTLE ROAD has not materially changed since April 2021.

How Large is 62 CASTLE ROAD?

62 CASTLE ROAD is 48m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 62 CASTLE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 62 CASTLE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redcar.

62 CASTLE ROAD: Plot and Title Map

62 CASTLE ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 62 CASTLE 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 62 CASTLE 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 62 CASTLE ROAD?

62 CASTLE ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 62 on CASTLE ROAD.