71, ESPLANADE, REDCAR, TS10 3AH - £175,000

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.

71 ESPLANADE is a very large extended detached house of 140m², built sometime before 1900, which could now be worth an estimated £236,866. It was last sold for £175,000 in October 2006, which was around 9% below the average October 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

71 ESPLANADE Sold Prices

Land registry data shows three sales for 71 ESPLANADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 71 ESPLANADE 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
2006 26 OCT	£175,000	£191,986	9% below HPI
2005 25 JUL	£115,000	£177,894	35% below HPI
2003 20 JUN	£85,000	£118,292	28% below HPI

71 ESPLANADE 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 three 71 ESPLANADE sales between June 2003 and October 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 July 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2006 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 71 ESPLANADE be worth now?

71 ESPLANADE might now be worth an estimated £236,866.

This is based on house price inflation of 35.4%, between October 2006 and May 2026, 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 35.4% inflationary increase is applied to the most recent sale price for 71 ESPLANADE of £175,000 on 26th October 2006. For the value to have increased from £175,000 to £236,866 over the twenty years and five months to May 2026, the following assumptions must hold true:

• The value of 71 ESPLANADE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2006 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 71 ESPLANADE has not materially changed since October 2006.

How Large is 71 ESPLANADE?

71 ESPLANADE is 140m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 71 ESPLANADE lies on this distribution: 85% of detached houses houses are smaller than 71 ESPLANADE, and 15% of houses are larger. Note that EPC data is not available for all properties in Redcar.

71 ESPLANADE: Plot and Title Map

71 ESPLANADE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 71 ESPLANADE, 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 71 ESPLANADE). 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 71 ESPLANADE?

71 ESPLANADE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 71 on ESPLANADE.