123, TORCROSS WAY, REDCAR, TS10 2SH - £200,000

123 TORCROSS WAY is a large extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £200,000 in December 2016, which was around 7% above the average December 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

123 TORCROSS WAY Sold Prices

Land registry data shows five sales for 123 TORCROSS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the five 123 TORCROSS WAY 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
2016 15 DEC	£200,000	£187,767	7% above HPI
2013 12 DEC	£179,950	£178,145	1% above HPI
2010 6 AUG	£167,000	£182,118	8% below HPI
2001 21 SEP	£82,000	£90,193	9% below HPI
2000 25 MAY	£77,950	£82,575	6% below HPI

123 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 five 123 TORCROSS WAY sales between May 2000 and December 2016 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 December 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 123 TORCROSS WAY?

123 TORCROSS WAY is 116m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 123 TORCROSS WAY lies on this distribution: 64% of detached houses are smaller than 123 TORCROSS WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Redcar.

123 TORCROSS WAY: Plot and Title Map

123 TORCROSS WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 123 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 123 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 123 TORCROSS WAY?

123 TORCROSS WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 123 on TORCROSS WAY.