62, TENBY ROAD, REDCAR, TS10 4GZ - £163,500

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 TENBY ROAD is a midsized detached house of 99m², built sometime from 2007 onwards, which could now be worth an estimated £215,807. It was last sold for £163,500 in March 2020, which was around 16% below the average March 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

62 TENBY ROAD Sold Prices

Land registry data shows four sales for 62 TENBY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 62 TENBY ROAD 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
2020 4 MAR	£163,500	£193,846	16% below HPI
2019 18 JAN	£160,000	£183,521	13% below HPI
2017 8 MAR	£160,000	£183,600	13% below HPI
2007 30 MAY	£169,950	£196,969	14% below HPI

62 TENBY ROAD 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 four 62 TENBY ROAD sales between May 2007 and March 2020 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 January 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 62 TENBY ROAD be worth now?

62 TENBY ROAD might now be worth an estimated £215,807.

This is based on house price inflation of 32%, between March 2020 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 32% inflationary increase is applied to the most recent sale price for 62 TENBY ROAD of £163,500 on 4th March 2020. For the value to have increased from £163,500 to £215,807 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 62 TENBY ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The March 2020 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 62 TENBY ROAD has not materially changed since March 2020.

How Large is 62 TENBY ROAD?

62 TENBY ROAD is 99m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 62 TENBY ROAD lies on this distribution: 42% of detached houses houses are smaller than 62 TENBY ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Redcar.

62 TENBY ROAD: Plot and Title Map

62 TENBY ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 62 TENBY 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 TENBY 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 TENBY ROAD?

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