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
85 TORCROSS WAY is a midsized detached house of 99m², built sometime between 1996 and 2002. It was last sold for £178,000 in June 2011, which was about the average June 2011 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 85 TORCROSS WAY 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. One of the two 85 TORCROSS WAY sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2011 6 JUN | £178,000 | £178,608 | Close to HPI |
2001 28 SEP | £86,995 | £90,193 | 4% below 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 85 TORCROSS WAY sales from September 2001 and June 2011 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 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2011 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
85 TORCROSS WAY is 99m² according to the EPC inspection conducted in August 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 85 TORCROSS WAY lies on this distribution: 41% of detached houses are smaller than 85 TORCROSS WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Redcar.
85 TORCROSS WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 85 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 85 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.
85 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 85 on TORCROSS WAY.