8, ALTHORP, REDCAR, TS10 1NY - £86,500

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.

8 ALTHORP is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £119,052. It was last sold for £86,500 in November 2018, which was around 4% above the average November 2018 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

8 ALTHORP Sold Prices

Land registry data shows five sales for 8 ALTHORP since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 8 ALTHORP 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
2018 5 NOV	£86,500	£83,249	4% above HPI
2007 23 APR	£116,000	£93,414	24% above HPI
2005 26 AUG	£104,000	£81,609	27% above HPI
2003 31 JAN	£62,000	£41,957	48% above HPI
1999 7 MAY	£49,995	£30,620	63% above HPI

8 ALTHORP 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 five 8 ALTHORP sales between May 1999 and November 2018 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 April 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 ALTHORP be worth now?

8 ALTHORP might now be worth an estimated £119,052.

This is based on house price inflation of 37.6%, between November 2018 and June 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 37.6% inflationary increase is applied to the most recent sale price for 8 ALTHORP of £86,500 on 5th November 2018. For the value to have increased from £86,500 to £119,052 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 8 ALTHORP has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The November 2018 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ALTHORP has not materially changed since November 2018.

How Large is 8 ALTHORP?

8 ALTHORP is 55m² according to the EPC inspection conducted in June 2015. 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 8 ALTHORP lies on this distribution: 1% of terraced houses houses are smaller than 8 ALTHORP, and 98% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8 ALTHORP: Plot and Title Map

8 ALTHORP sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 8 ALTHORP, 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 8 ALTHORP). 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 8 ALTHORP?

8 ALTHORP is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 8 on ALTHORP.