14, SHIPHAM CLOSE, REDCAR, TS10 2RT - £242,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 SHIPHAM CLOSE is a midsized detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £317,858. It was last sold for £242,000 in April 2008, which was around 24% above the average April 2008 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

14 SHIPHAM CLOSE Sold Prices

Land registry data shows three sales for 14 SHIPHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 14 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
2008 18 APR	£242,000	£194,799	24% above HPI
2001 27 APR	£106,000	£85,528	24% above HPI
1997 5 DEC	£250,000	£74,294	237% above HPI

14 SHIPHAM 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 three 14 SHIPHAM CLOSE sales between December 1997 and April 2008 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 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2008 sale, which was also at 24% above the HPI.

What might 14 SHIPHAM CLOSE be worth now?

14 SHIPHAM CLOSE might now be worth an estimated £317,858.

This is based on house price inflation of 31.3%, between April 2008 and February 2025, for 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 31.3% inflationary increase is applied to the most recent sale price for 14 SHIPHAM CLOSE of £242,000 on 18th April 2008. For the value to have increased from £242,000 to £317,858 over the seventeen years and two months to February 2025, the following assumptions must hold true:

• The value of 14 SHIPHAM CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2008 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SHIPHAM CLOSE has not materially changed since April 2008.

How Large is 14 SHIPHAM CLOSE?

14 SHIPHAM CLOSE is 101m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 14 SHIPHAM CLOSE lies on this distribution: 45% of detached houses houses are smaller than 14 SHIPHAM CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Redcar.

14 SHIPHAM CLOSE: Plot and Title Map

14 SHIPHAM CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 14 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 14 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.

Where is 14 SHIPHAM CLOSE?

14 SHIPHAM CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 14 on SHIPHAM CLOSE.