10, HYTHE CLOSE, REDCAR, TS10 2QP - £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

10 HYTHE CLOSE is a small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £197,000 in December 2021, which was around 12% below the average December 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

10 HYTHE CLOSE Sold Prices

Land registry data shows four sales for 10 HYTHE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 10 HYTHE CLOSE sales 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
2021 16 DEC	£197,000	£224,048	12% below HPI
2021 24 MAY	£178,000	£216,686	18% below HPI
2001 2 NOV	£75,000	£87,480	14% below HPI
1998 18 DEC	£63,000	£77,576	19% below HPI

10 HYTHE 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 four 10 HYTHE CLOSE sales between December 1998 and December 2021 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 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 10 HYTHE CLOSE?

10 HYTHE CLOSE is 85m², which includes three extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 10 HYTHE CLOSE lies on this distribution: 22% of detached houses are smaller than 10 HYTHE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Redcar.

10 HYTHE CLOSE: Plot and Title Map

10 HYTHE CLOSE sits on a plot of roughly 0.075 of an acre, or 306m². The below map shows the location of 10 HYTHE 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 10 HYTHE 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 10 HYTHE CLOSE?

10 HYTHE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 10 on HYTHE CLOSE.