5, THE STRAND, REDCAR, TS10 2QG - £186,500

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.

5 THE STRAND is a very large extended detached house of 154m², built sometime between 1991 and 1995, which could now be worth an estimated £257,143. It was last sold for £186,500 in September 2006, which was around 1% above the average September 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

5 THE STRAND Sold Prices

Land registry data shows two sales for 5 THE STRAND 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 5 THE STRAND 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
2006 12 SEP	£186,500	£185,570	1% above HPI
2004 22 MAR	£146,000	£137,312	6% above HPI

5 THE STRAND 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 5 THE STRAND sales from March 2004 and September 2006 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 March 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2006 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 THE STRAND be worth now?

5 THE STRAND might now be worth an estimated £257,143.

This is based on house price inflation of 37.9%, between September 2006 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 37.9% inflationary increase is applied to the most recent sale price for 5 THE STRAND of £186,500 on 12th September 2006. For the value to have increased from £186,500 to £257,143 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 THE STRAND has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2006 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THE STRAND has not materially changed since September 2006.

How Large is 5 THE STRAND?

5 THE STRAND is 154m², which includes one extension, according to the EPC inspection conducted in November 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 5 THE STRAND lies on this distribution: 90% of detached houses houses are smaller than 5 THE STRAND, and 9% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 THE STRAND: Plot and Title Map

5 THE STRAND sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 5 THE STRAND, 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 5 THE STRAND). 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 5 THE STRAND?

5 THE STRAND is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 5 on THE STRAND.