7, RILLSTONE WAY, REDCAR, TS10 2TW - £250,000

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

7 RILLSTONE WAY is a large extended detached house of 125m², built sometime between 2003 and 2006. It was last sold for £250,000 in November 2023, which was around 3% above the average November 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

7 RILLSTONE WAY Sold Prices

Land registry data shows four sales for 7 RILLSTONE WAY 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. two of the four 7 RILLSTONE WAY sales were for above the average price, and four 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
2023 16 NOV	£250,000	£243,549	3% above HPI
2021 9 SEP	£230,000	£218,759	5% above HPI
2007 28 SEP	£177,000	£202,725	13% below HPI
2002 18 OCT	£93,000	£106,728	13% below HPI

7 RILLSTONE 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 four 7 RILLSTONE WAY sales between October 2002 and November 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 September 2021 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 RILLSTONE WAY?

7 RILLSTONE WAY is 125m², which includes three extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 7 RILLSTONE WAY lies on this distribution: 74% of detached houses are smaller than 7 RILLSTONE WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Redcar.

7 RILLSTONE WAY: Plot and Title Map

7 RILLSTONE WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 RILLSTONE 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 7 RILLSTONE 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 7 RILLSTONE WAY?

7 RILLSTONE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on RILLSTONE WAY.