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
74 CORPORATION ROAD is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £420,000 in May 2022, which was around 75% above the average May 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 74 CORPORATION ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 74 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 |
---|---|---|---|
2022 11 MAY | £420,000 | £240,190 | 75% above HPI |
2011 18 NOV | £342,500 | £184,557 | 86% above HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 74 CORPORATION ROAD sales from November 2011 and May 2022 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 November 2011 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the May 2022 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.
74 CORPORATION ROAD is 181m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 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 74 CORPORATION ROAD lies on this distribution: 96% of detached houses are smaller than 74 CORPORATION ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Redcar.
74 CORPORATION ROAD sits on a plot of roughly 0.562 of an acre, or 2,274m². The below map shows the location of 74 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 74 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.
74 CORPORATION ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 74 on CORPORATION ROAD.