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

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.

10 SOUTHWOLD CLOSE is a very small extended semi-detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £184,836. It was last sold for £175,000 in May 2023, which was around 20% above the average May 2023 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

10 SOUTHWOLD CLOSE Sold Prices

Land registry data shows three sales for 10 SOUTHWOLD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Two of the three 10 SOUTHWOLD CLOSE sales were for above the average price, whilst one was 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
2023 24 MAY	£175,000	£146,220	20% above HPI
2022 7 APR	£140,000	£141,963	1% below HPI
2006 6 DEC	£150,000	£122,725	22% above HPI

10 SOUTHWOLD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 10 SOUTHWOLD CLOSE sales between December 2006 and May 2023 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 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 10 SOUTHWOLD CLOSE be worth now?

10 SOUTHWOLD CLOSE might now be worth an estimated £184,836.

This is based on house price inflation of 5.6%, between May 2023 and February 2025, for semi-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 5.6% inflationary increase is applied to the most recent sale price for 10 SOUTHWOLD CLOSE of £175,000 on 24th May 2023. For the value to have increased from £175,000 to £184,836 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 10 SOUTHWOLD CLOSE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The May 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SOUTHWOLD CLOSE has not materially changed since May 2023.

How Large is 10 SOUTHWOLD CLOSE?

10 SOUTHWOLD CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 10 SOUTHWOLD CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 10 SOUTHWOLD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.

10 SOUTHWOLD CLOSE: Plot and Title Map

10 SOUTHWOLD CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 10 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 10 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 10 SOUTHWOLD CLOSE?

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