15, FOUNDATION CLOSE, REDCAR, TS10 2GY - £174,250

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

15 FOUNDATION CLOSE is a small detached house of 89m². It was last sold for £174,250 in June 2015, which was around 5% below the average June 2015 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

15 FOUNDATION CLOSE Sold Prices

Land registry data shows two sales for 15 FOUNDATION 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 15 FOUNDATION 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
2015 19 JUN	£174,250	£182,839	5% below HPI
2013 12 DEC	£189,950	£178,145	7% above HPI

15 FOUNDATION 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 15 FOUNDATION CLOSE sales from December 2013 and June 2015 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 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 15 FOUNDATION CLOSE?

15 FOUNDATION CLOSE is 89m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 15 FOUNDATION CLOSE lies on this distribution: 28% of detached houses are smaller than 15 FOUNDATION CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Redcar.

15 FOUNDATION CLOSE: Plot and Title Map

15 FOUNDATION CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 15 FOUNDATION 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 15 FOUNDATION 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 15 FOUNDATION CLOSE?

15 FOUNDATION CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 15 on FOUNDATION CLOSE.