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

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

8A STATION ROAD is a midsized extended detached house of 98m², built sometime before 1900. 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	£227,680	43% below HPI
2003 24 JAN	£49,000	£106,913	54% below HPI
1999 26 FEB	£16,750	£77,246	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.

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 in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 8A STATION ROAD lies on this distribution: 40% of detached 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.