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
11 SHIPHAM CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £160,000 in June 2014, which was around 13% below the average June 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 11 SHIPHAM CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the five 11 SHIPHAM CLOSE sales were 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 |
---|---|---|---|
2014 11 JUN | £160,000 | £183,089 | 13% below HPI |
2008 9 MAY | £199,950 | £196,607 | 2% above HPI |
2003 20 AUG | £135,000 | £119,717 | 13% above HPI |
2001 2 MAR | £91,000 | £83,250 | 9% above HPI |
1997 26 SEP | £79,995 | £76,939 | 4% above HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The five 11 SHIPHAM CLOSE sales between September 1997 and June 2014 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 2008 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
11 SHIPHAM CLOSE is 102m² according to the EPC inspection conducted in October 2012. 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 SHIPHAM CLOSE lies on this distribution: 46% of detached houses are smaller than 11 SHIPHAM CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Redcar.
11 SHIPHAM CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 11 SHIPHAM 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 SHIPHAM 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.
11 SHIPHAM CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 11 on SHIPHAM CLOSE.