1, SOUTHWOLD CLOSE, REDCAR, TS10 4GB - £175,000

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 SOUTHWOLD CLOSE is a large detached house of 129m², built sometime from 2007 onwards. It was last sold for £175,000 in December 2014, which was around 4% below the average December 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

1 SOUTHWOLD CLOSE Sold Prices

Land registry data shows two sales for 1 SOUTHWOLD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the two 1 SOUTHWOLD CLOSE sales was for below the average price, whilst the other was 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
2014 17 DEC	£175,000	£182,563	4% below HPI
2007 20 APR	£217,000	£195,859	11% above HPI

1 SOUTHWOLD 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 two 1 SOUTHWOLD CLOSE sales from April 2007 and December 2014 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 SOUTHWOLD CLOSE?

1 SOUTHWOLD CLOSE is 129m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% 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 SOUTHWOLD CLOSE lies on this distribution: 78% of detached houses are smaller than 1 SOUTHWOLD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Redcar.

1 SOUTHWOLD CLOSE: Plot and Title Map

1 SOUTHWOLD CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 SOUTHWOLD 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 SOUTHWOLD 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 SOUTHWOLD CLOSE?

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