65, TORCROSS WAY, REDCAR, TS10 2SQ - £176,000

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

65 TORCROSS WAY is a very small extended detached house of 72m², built sometime between 2003 and 2006. It was last sold for £176,000 in November 2017, which was around 6% below the average November 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

65 TORCROSS WAY Sold Prices

Land registry data shows five sales for 65 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. The five 65 TORCROSS WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2017 27 NOV	£176,000	£186,448	6% below HPI
2006 15 DEC	£169,000	£198,362	15% below HPI
2002 31 MAY	£94,950	£89,558	6% above HPI
2001 1 OCT	£87,500	£87,898	Close to HPI
1999 1 OCT	£76,995	£80,349	4% below HPI

65 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 65 TORCROSS WAY sales between October 1999 and November 2017 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 December 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 65 TORCROSS WAY?

65 TORCROSS WAY is 72m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 65 TORCROSS WAY lies on this distribution: 9% of detached houses are smaller than 65 TORCROSS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Redcar.

65 TORCROSS WAY: Plot and Title Map

65 TORCROSS WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 65 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 65 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 65 TORCROSS WAY?

65 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 65 on TORCROSS WAY.