8A, STATION ROAD, REDCAR, TS10 1AQ - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8A STATION ROAD is a midsized extended detached house of 98m², built sometime before 1900, which could now be worth an estimated £146,380. It was last sold for £130,000 in February 2022, which was around 43% below the average February 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

8A STATION ROAD Sold Prices

Land registry data shows three sales for 8A STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 8A STATION ROAD 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
2022 9 FEB	£130,000	£227,230	43% below HPI
2003 24 JAN	£49,000	£106,701	54% below HPI
1999 26 FEB	£16,750	£77,093	78% below HPI

8A STATION ROAD 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 three 8A STATION ROAD sales between February 1999 and February 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 January 2003 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 8A STATION ROAD be worth now?

8A STATION ROAD might now be worth an estimated £146,380.

This is based on house price inflation of 12.6%, between February 2022 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 8A STATION ROAD of £130,000 on 9th February 2022. For the value to have increased from £130,000 to £146,380 over the three years to February 2025, the following assumptions must hold true:

• The value of 8A STATION ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2022 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 8A STATION ROAD has not materially changed since February 2022.

How Large is 8A STATION ROAD?

8A STATION ROAD is 98m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 8A STATION ROAD lies on this distribution: 41% of detached houses houses are smaller than 8A STATION ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8A STATION ROAD: Plot and Title Map

8A STATION ROAD sits on a plot of roughly 0.014 of an acre, or 56m². The below map shows the location of 8A STATION 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 8A STATION 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.

Where is 8A STATION ROAD?

8A STATION ROAD is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 8A on STATION ROAD.