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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HERNE CLOSE is a midsized detached house of 99m², built sometime between 1996 and 2002. 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	£197,360	Close to HPI
2004 28 JAN	£158,000	£136,109	16% above HPI
2001 24 AUG	£85,995	£89,793	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.

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 in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 1 HERNE CLOSE lies on this distribution: 41% of detached houses are smaller than 1 HERNE CLOSE, and 58% 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.