97, TORCROSS WAY, REDCAR, TS10 2SQ - £235,000

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

97 TORCROSS WAY is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £235,000 in February 2022, which was around 3% above the average February 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

97 TORCROSS WAY Sold Prices

Land registry data shows three sales for 97 TORCROSS 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. The three 97 TORCROSS WAY sales were a mix of above the average price, and roughly equal to 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 11 FEB	£235,000	£227,680	3% above HPI
2013 13 SEP	£181,000	£181,629	Close to HPI
2003 12 SEP	£125,950	£124,148	1% above HPI

97 TORCROSS 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 97 TORCROSS WAY sales between September 2003 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 September 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 97 TORCROSS WAY?

97 TORCROSS WAY is 81m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 97 TORCROSS WAY lies on this distribution: 17% of detached houses are smaller than 97 TORCROSS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Redcar.

97 TORCROSS WAY: Plot and Title Map

97 TORCROSS WAY sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 97 TORCROSS 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 97 TORCROSS 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 97 TORCROSS WAY?

97 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 97 on TORCROSS WAY.