9, LOW FARM DRIVE, REDCAR, TS10 4DZ - £134,000

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

9 LOW FARM DRIVE is a small detached house of 90m², built sometime between 2003 and 2006. It was last sold for £134,000 in March 2018, which was around 28% below the average March 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

9 LOW FARM DRIVE Sold Prices

Land registry data shows two sales for 9 LOW FARM DRIVE 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 9 LOW FARM DRIVE 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
2018 15 MAR	£134,000	£186,157	28% below HPI
2010 30 JUL	£168,000	£180,588	7% below HPI

9 LOW FARM DRIVE 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 9 LOW FARM DRIVE sales from July 2010 and March 2018 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 July 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 LOW FARM DRIVE?

9 LOW FARM DRIVE is 90m² according to the EPC inspection conducted in June 2020. 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 9 LOW FARM DRIVE lies on this distribution: 30% of detached houses are smaller than 9 LOW FARM DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Redcar.

9 LOW FARM DRIVE: Plot and Title Map

9 LOW FARM DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 9 LOW FARM DRIVE, 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 9 LOW FARM DRIVE). 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 9 LOW FARM DRIVE?

9 LOW FARM DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 9 on LOW FARM DRIVE.