1, WHITEOAKS CLOSE, REDCAR, TS10 2SS - £176,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WHITEOAKS CLOSE is a very small extended detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £259,100. It was last sold for £176,000 in March 2012, which was around 1% above the average March 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

1 WHITEOAKS CLOSE Sold Prices

Land registry data shows three sales for 1 WHITEOAKS 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. One of the three 1 WHITEOAKS CLOSE sales was for above the average price, whilst two were for 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
2012 23 MAR	£176,000	£173,800	1% above HPI
2006 16 MAY	£162,000	£176,257	8% below HPI
2000 29 SEP	£79,995	£82,986	4% below HPI

1 WHITEOAKS 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 WHITEOAKS CLOSE sales between September 2000 and March 2012 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 May 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 WHITEOAKS CLOSE be worth now?

1 WHITEOAKS CLOSE might now be worth an estimated £259,100.

This is based on house price inflation of 47.2%, between March 2012 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 47.2% inflationary increase is applied to the most recent sale price for 1 WHITEOAKS CLOSE of £176,000 on 23rd March 2012. For the value to have increased from £176,000 to £259,100 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 1 WHITEOAKS CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The March 2012 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WHITEOAKS CLOSE has not materially changed since March 2012.

How Large is 1 WHITEOAKS CLOSE?

1 WHITEOAKS CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% 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 WHITEOAKS CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 WHITEOAKS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redcar.

1 WHITEOAKS CLOSE: Plot and Title Map

1 WHITEOAKS CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 1 WHITEOAKS 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 WHITEOAKS 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 WHITEOAKS CLOSE?

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