50, SOPPETT STREET, REDCAR, TS10 2AL - £58,500

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.

50 SOPPETT STREET is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £81,899. It was last sold for £58,500 in March 2016, which was around 29% below the average March 2016 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

50 SOPPETT STREET Sold Prices

Land registry data shows four sales for 50 SOPPETT STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 50 SOPPETT STREET 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
2016 31 MAR	£58,500	£82,823	29% below HPI
2004 28 JUL	£73,000	£69,334	5% above HPI
1995 17 NOV	£32,500	£30,588	6% above HPI
1995 5 MAY	£33,750	£32,616	3% above HPI

50 SOPPETT STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 50 SOPPETT STREET sales between May 1995 and March 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 July 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 50 SOPPETT STREET be worth now?

50 SOPPETT STREET might now be worth an estimated £81,899.

This is based on house price inflation of 40%, between March 2016 and July 2025, for terraced 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% inflationary increase is applied to the most recent sale price for 50 SOPPETT STREET of £58,500 on 31st March 2016. For the value to have increased from £58,500 to £81,899 over the eight years and eight months to July 2025, the following assumptions must hold true:

• The value of 50 SOPPETT STREET has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The March 2016 sale price of £58,500 represented a fair market value for the property.
• The size, condition, and specification of 50 SOPPETT STREET has not materially changed since March 2016.

How Large is 50 SOPPETT STREET?

50 SOPPETT STREET is 70m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of terraced houses houses in Redcar, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redcar, and where 50 SOPPETT STREET lies on this distribution: 8% of terraced houses houses are smaller than 50 SOPPETT STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Redcar.

50 SOPPETT STREET: Plot and Title Map

50 SOPPETT STREET sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of 50 SOPPETT STREET, 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 50 SOPPETT STREET). 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 50 SOPPETT STREET?

50 SOPPETT STREET is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 50 on SOPPETT STREET.