1, HERNE CLOSE, REDCAR, TS10 2TF - £197,000

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.

1 HERNE CLOSE is a midsized detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £255,901. It was last sold for £197,000 in May 2007, which was about the average May 2007 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

1 HERNE CLOSE Sold Prices

Land registry data shows three sales for 1 HERNE CLOSE 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. The three 1 HERNE CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2007 22 MAY	£197,000	£196,969	Close to HPI
2004 28 JAN	£158,000	£135,839	16% above HPI
2001 24 AUG	£85,995	£89,615	4% below HPI

1 HERNE CLOSE 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 1 HERNE CLOSE sales between August 2001 and May 2007 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 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2007 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 HERNE CLOSE be worth now?

1 HERNE CLOSE might now be worth an estimated £255,901.

This is based on house price inflation of 29.9%, between May 2007 and February 2025, 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 29.9% inflationary increase is applied to the most recent sale price for 1 HERNE CLOSE of £197,000 on 22nd May 2007. For the value to have increased from £197,000 to £255,901 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 1 HERNE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2007 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HERNE CLOSE has not materially changed since May 2007.

How Large is 1 HERNE CLOSE?

1 HERNE CLOSE is 99m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% 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 1 HERNE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 1 HERNE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Redcar.

1 HERNE CLOSE: Plot and Title Map

1 HERNE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 HERNE CLOSE, 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 1 HERNE CLOSE). 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 1 HERNE CLOSE?

1 HERNE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 1 on HERNE CLOSE.