1, RILLSTONE WAY, REDCAR, TS10 2TW - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 RILLSTONE WAY is a very large extended detached house of 154m², built sometime between 2003 and 2006, which could now be worth an estimated £396,936. It was last sold for £325,000 in January 2021, which was around 55% above the average January 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

1 RILLSTONE WAY Sold Prices

Land registry data shows three sales for 1 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 1 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
2021 29 JAN	£325,000	£209,492	55% above HPI
2016 3 JUN	£260,000	£187,514	39% above HPI
2003 17 OCT	£175,500	£131,395	34% above HPI

1 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 1 RILLSTONE WAY sales between October 2003 and January 2021 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 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 1 RILLSTONE WAY be worth now?

1 RILLSTONE WAY might now be worth an estimated £396,936.

This is based on house price inflation of 22.1%, between January 2021 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 22.1% inflationary increase is applied to the most recent sale price for 1 RILLSTONE WAY of £325,000 on 29th January 2021. For the value to have increased from £325,000 to £396,936 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 RILLSTONE WAY has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The January 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RILLSTONE WAY has not materially changed since January 2021.

How Large is 1 RILLSTONE WAY?

1 RILLSTONE WAY is 154m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% 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 1 RILLSTONE WAY lies on this distribution: 90% of detached houses houses are smaller than 1 RILLSTONE WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Redcar.

1 RILLSTONE WAY: Plot and Title Map

1 RILLSTONE WAY sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 1 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 1 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 1 RILLSTONE WAY?

1 RILLSTONE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 1 on RILLSTONE WAY.