8, RILLSTONE WAY, REDCAR, TS10 2TW - £168,000

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

8 RILLSTONE WAY is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £168,000 in February 2019, which was around 10% below the average February 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

8 RILLSTONE WAY Sold Prices

Land registry data shows two sales for 8 RILLSTONE WAY since 1^st 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 8 RILLSTONE 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
2019 15 FEB	£168,000	£186,195	10% below HPI
2002 4 OCT	£93,000	£106,728	13% below HPI

8 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 two 8 RILLSTONE WAY sales from October 2002 and February 2019 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 October 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 RILLSTONE WAY?

8 RILLSTONE WAY is 97m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 8 RILLSTONE WAY lies on this distribution: 39% of detached houses are smaller than 8 RILLSTONE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8 RILLSTONE WAY: Plot and Title Map

8 RILLSTONE WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 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 8 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 8 RILLSTONE WAY?

8 RILLSTONE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 8 on RILLSTONE WAY.