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
9 RILLSTONE WAY is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £210,000 in October 2014, which was around 15% above the average October 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 9 RILLSTONE WAY since 1st 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 9 RILLSTONE WAY sales were for above 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 |
---|---|---|---|
2014 24 OCT | £210,000 | £182,149 | 15% above HPI |
2007 27 JUN | £229,000 | £193,805 | 18% above HPI |
2002 20 SEP | £129,950 | £103,623 | 25% above 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 three 9 RILLSTONE WAY sales between September 2002 and October 2014 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 June 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
9 RILLSTONE WAY is 121m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 RILLSTONE WAY lies on this distribution: 70% of detached houses are smaller than 9 RILLSTONE WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Redcar.
9 RILLSTONE WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 9 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 9 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.
9 RILLSTONE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 9 on RILLSTONE WAY.