50, WARWICK ROAD, REDCAR, TS10 2LA - £135,000

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.

50 WARWICK ROAD is a very small extended terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £193,150. It was last sold for £135,000 in January 2020, which was around 59% above the average January 2020 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

50 WARWICK ROAD Sold Prices

Land registry data shows two sales for 50 WARWICK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 50 WARWICK ROAD 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
2020 15 JAN	£135,000	£85,000	59% above HPI
1995 12 MAY	£46,000	£32,616	41% above HPI

50 WARWICK ROAD 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 two 50 WARWICK ROAD sales from May 1995 and January 2020 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 May 1995 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 50 WARWICK ROAD be worth now?

50 WARWICK ROAD might now be worth an estimated £193,150.

This is based on house price inflation of 43.1%, between January 2020 and May 2026, 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 43.1% inflationary increase is applied to the most recent sale price for 50 WARWICK ROAD of £135,000 on 15th January 2020. For the value to have increased from £135,000 to £193,150 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 50 WARWICK ROAD has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The January 2020 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 50 WARWICK ROAD has not materially changed since January 2020.

How Large is 50 WARWICK ROAD?

50 WARWICK ROAD is 77m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% 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 WARWICK ROAD lies on this distribution: 14% of terraced houses houses are smaller than 50 WARWICK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Redcar.

50 WARWICK ROAD: Plot and Title Map

50 WARWICK ROAD sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 50 WARWICK ROAD, 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 WARWICK ROAD). 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 WARWICK ROAD?

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