11, ALDERMAN CLOSE, REDCAR, TS10 2GX - £250,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

11 ALDERMAN CLOSE is a midsized detached house of 99m². It was last sold for £250,000 in April 2024, which was around 3% below the average April 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

11 ALDERMAN CLOSE Sold Prices

Land registry data shows two sales for 11 ALDERMAN 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 11 ALDERMAN 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
2024 26 APR	£250,000	£259,030	3% below HPI
2014 12 DEC	£189,950	£182,563	4% above HPI

11 ALDERMAN 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 11 ALDERMAN CLOSE sales from December 2014 and April 2024 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 December 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 11 ALDERMAN CLOSE?

11 ALDERMAN CLOSE is 99m² according to the EPC inspection conducted in January 2015. 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 11 ALDERMAN CLOSE lies on this distribution: 41% of detached houses are smaller than 11 ALDERMAN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 ALDERMAN CLOSE: Plot and Title Map

11 ALDERMAN CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 11 ALDERMAN 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 11 ALDERMAN 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 11 ALDERMAN CLOSE?

11 ALDERMAN CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 11 on ALDERMAN CLOSE.