9, RILLSTONE WAY, REDCAR, TS10 2TW - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 RILLSTONE WAY is a large detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £295,569. It was last sold for £210,000 in October 2014, which was around 16% 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.

9 RILLSTONE WAY Sold Prices

Land registry data shows three sales for 9 RILLSTONE WAY 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 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	£181,788	16% above HPI
2007 27 JUN	£229,000	£193,421	18% above HPI
2002 20 SEP	£129,950	£103,418	26% above HPI

9 RILLSTONE WAY 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 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 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 9 RILLSTONE WAY be worth now?

9 RILLSTONE WAY might now be worth an estimated £295,569.

This is based on house price inflation of 40.7%, between October 2014 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 40.7% inflationary increase is applied to the most recent sale price for 9 RILLSTONE WAY of £210,000 on 24th October 2014. For the value to have increased from £210,000 to £295,569 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 RILLSTONE WAY has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2014 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RILLSTONE WAY has not materially changed since October 2014.

How Large is 9 RILLSTONE WAY?

9 RILLSTONE WAY is 121m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 9 RILLSTONE WAY lies on this distribution: 70% of detached houses houses are smaller than 9 RILLSTONE WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Redcar.

9 RILLSTONE WAY: Plot and Title Map

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.

Where is 9 RILLSTONE WAY?

9 RILLSTONE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 9 on RILLSTONE WAY.