62, CORPORATION ROAD, REDCAR, TS10 1PB - £247,500

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 CORPORATION ROAD is a very large extended semi-detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £252,668. It was last sold for £247,500 in June 2023, which was around 64% above the average June 2023 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

62 CORPORATION ROAD Sold Prices

Land registry data shows three sales for 62 CORPORATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 62 CORPORATION 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
2023 23 JUN	£247,500	£151,279	64% above HPI
2001 13 AUG	£90,000	£50,619	78% above HPI
1999 6 SEP	£51,000	£45,638	12% above HPI

62 CORPORATION 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 three 62 CORPORATION ROAD sales between September 1999 and June 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 August 2001 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the June 2023 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 62 CORPORATION ROAD be worth now?

62 CORPORATION ROAD might now be worth an estimated £252,668.

This is based on house price inflation of 2.1%, between June 2023 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 2.1% inflationary increase is applied to the most recent sale price for 62 CORPORATION ROAD of £247,500 on 23rd June 2023. For the value to have increased from £247,500 to £252,668 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 62 CORPORATION ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The June 2023 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 62 CORPORATION ROAD has not materially changed since June 2023.

How Large is 62 CORPORATION ROAD?

62 CORPORATION ROAD is 137m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% 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 CORPORATION ROAD lies on this distribution: 84% of semi-detached houses houses are smaller than 62 CORPORATION ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Redcar.

62 CORPORATION ROAD: Plot and Title Map

62 CORPORATION ROAD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 62 CORPORATION 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 CORPORATION 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 CORPORATION ROAD?

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