77, ESPLANADE, REDCAR, TS10 3AJ - £159,000

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.

77 ESPLANADE is a very large terraced house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £224,482. It was last sold for £159,000 in March 2020, which was around 85% above the average March 2020 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

77 ESPLANADE Sold Prices

Land registry data shows three sales for 77 ESPLANADE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 77 ESPLANADE 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 6 MAR	£159,000	£86,138	85% above HPI
2003 10 JAN	£68,000	£41,957	62% above HPI
1998 6 FEB	£45,300	£30,525	48% above HPI

77 ESPLANADE 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 three 77 ESPLANADE sales between February 1998 and March 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 January 2003 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2020 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 77 ESPLANADE be worth now?

77 ESPLANADE might now be worth an estimated £224,482.

This is based on house price inflation of 41.2%, between March 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 41.2% inflationary increase is applied to the most recent sale price for 77 ESPLANADE of £159,000 on 6th March 2020. For the value to have increased from £159,000 to £224,482 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 77 ESPLANADE has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The March 2020 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 77 ESPLANADE has not materially changed since March 2020.

How Large is 77 ESPLANADE?

77 ESPLANADE is 150m² according to the EPC inspection conducted in December 2019. This puts it in the largest 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 77 ESPLANADE lies on this distribution: 89% of terraced houses houses are smaller than 77 ESPLANADE, and 11% of houses are larger. Note that EPC data is not available for all properties in Redcar.

77 ESPLANADE: Plot and Title Map

77 ESPLANADE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 77 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 77 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 77 ESPLANADE?

77 ESPLANADE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 77 on ESPLANADE.