9, WHEATEAR DRIVE, REDCAR, TS10 4NQ - £140,000

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 WHEATEAR DRIVE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £140,000 in August 2022, which was around 42% below the average August 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

9 WHEATEAR DRIVE Sold Prices

Land registry data shows three sales for 9 WHEATEAR DRIVE 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 WHEATEAR 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
2022 30 AUG	£140,000	£241,572	42% below HPI
2018 31 MAY	£108,500	£187,943	42% below HPI
1996 5 FEB	£40,500	£71,778	44% below HPI

9 WHEATEAR 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 three 9 WHEATEAR DRIVE sales between February 1996 and August 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 May 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2022 sale, which was also at 42% below the HPI.

How Large is 9 WHEATEAR DRIVE?

9 WHEATEAR DRIVE is 55m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 WHEATEAR DRIVE lies on this distribution: 1% of detached houses are smaller than 9 WHEATEAR DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redcar.

9 WHEATEAR DRIVE: Plot and Title Map

9 WHEATEAR DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 9 WHEATEAR 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 WHEATEAR 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 WHEATEAR DRIVE?

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