11, NEEDLES CLOSE, REDCAR, TS10 4SJ - £140,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 NEEDLES CLOSE is a midsized detached house of 99m², built sometime between 1976 and 1982. It was last sold for £140,000 in August 2013, which was around 23% below the average August 2013 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

11 NEEDLES CLOSE Sold Prices

Land registry data shows two sales for 11 NEEDLES 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. Both of the two 11 NEEDLES 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
2013 30 AUG	£140,000	£180,708	23% below HPI
2004 26 MAR	£135,000	£137,584	2% below HPI

11 NEEDLES 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 NEEDLES CLOSE sales from March 2004 and August 2013 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 March 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 11 NEEDLES CLOSE?

11 NEEDLES CLOSE is 99m² according to the EPC inspection conducted in April 2011. 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 NEEDLES CLOSE lies on this distribution: 41% of detached houses are smaller than 11 NEEDLES CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redcar.

11 NEEDLES CLOSE: Plot and Title Map

11 NEEDLES CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 11 NEEDLES 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 NEEDLES 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 NEEDLES CLOSE?

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