63, TORCROSS WAY, REDCAR, TS10 2SQ - £162,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

63 TORCROSS WAY is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £162,500 in September 2018, which was around 17% below the average September 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

63 TORCROSS WAY Sold Prices

Land registry data shows five sales for 63 TORCROSS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 63 TORCROSS WAY 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
2018 28 SEP	£162,500	£195,835	17% below HPI
2012 14 SEP	£145,000	£177,662	18% below HPI
2006 24 NOV	£155,000	£196,077	21% below HPI
2001 3 AUG	£73,000	£89,793	19% below HPI
1999 1 OCT	£69,995	£80,349	13% below HPI

63 TORCROSS 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 five 63 TORCROSS WAY sales between October 1999 and September 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 September 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 63 TORCROSS WAY?

63 TORCROSS WAY is 100m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 63 TORCROSS WAY lies on this distribution: 43% of detached houses are smaller than 63 TORCROSS WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Redcar.

63 TORCROSS WAY: Plot and Title Map

63 TORCROSS WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 63 TORCROSS 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 63 TORCROSS 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 63 TORCROSS WAY?

63 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 63 on TORCROSS WAY.