11, RILLSTONE WAY, REDCAR, TS10 2TW - £202,500

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.

11 RILLSTONE WAY is a very large extended detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £284,302. It was last sold for £202,500 in May 2009, which was around 15% above the average May 2009 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

11 RILLSTONE WAY Sold Prices

Land registry data shows two sales for 11 RILLSTONE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 11 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
2009 29 MAY	£202,500	£176,280	15% above HPI
2002 12 SEP	£117,000	£103,418	13% above HPI

11 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 two 11 RILLSTONE WAY sales from September 2002 and May 2009 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2009 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 11 RILLSTONE WAY be worth now?

11 RILLSTONE WAY might now be worth an estimated £284,302.

This is based on house price inflation of 40.4%, between May 2009 and June 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 40.4% inflationary increase is applied to the most recent sale price for 11 RILLSTONE WAY of £202,500 on 29th May 2009. For the value to have increased from £202,500 to £284,302 over the fifteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 11 RILLSTONE WAY has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2009 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 11 RILLSTONE WAY has not materially changed since May 2009.

How Large is 11 RILLSTONE WAY?

11 RILLSTONE WAY is 142m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% 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 11 RILLSTONE WAY lies on this distribution: 86% of detached houses houses are smaller than 11 RILLSTONE WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 RILLSTONE WAY: Plot and Title Map

11 RILLSTONE WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 11 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 11 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 11 RILLSTONE WAY?

11 RILLSTONE WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 11 on RILLSTONE WAY.