4, BEADNELL WAY, REDCAR, TS10 2QU - £260,000

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.

4 BEADNELL WAY is a very large detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £333,218. It was last sold for £260,000 in February 2018, which was around 35% above the average February 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

4 BEADNELL WAY Sold Prices

Land registry data shows four sales for 4 BEADNELL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 4 BEADNELL 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
2018 23 FEB	£260,000	£193,109	35% above HPI
2003 18 DEC	£21,400	£136,944	84% below HPI
2001 8 JUN	£94,500	£87,783	8% above HPI
1998 26 MAR	£86,000	£77,387	11% above HPI

4 BEADNELL 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 four 4 BEADNELL WAY sales between March 1998 and February 2018 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 2003 sale was for 84% below the HPI. So the extrapolation line tracks at 84% below the HPI over time, until the February 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 BEADNELL WAY be worth now?

4 BEADNELL WAY might now be worth an estimated £333,218.

This is based on house price inflation of 28.2%, between February 2018 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 28.2% inflationary increase is applied to the most recent sale price for 4 BEADNELL WAY of £260,000 on 23rd February 2018. For the value to have increased from £260,000 to £333,218 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 4 BEADNELL WAY has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BEADNELL WAY has not materially changed since February 2018.

How Large is 4 BEADNELL WAY?

4 BEADNELL WAY is 132m² according to the EPC inspection conducted in September 2017. 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 4 BEADNELL WAY lies on this distribution: 81% of detached houses houses are smaller than 4 BEADNELL WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 BEADNELL WAY: Plot and Title Map

4 BEADNELL WAY sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 4 BEADNELL 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 4 BEADNELL 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 4 BEADNELL WAY?

4 BEADNELL WAY is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 4 on BEADNELL WAY.