15, REDWOOD CLOSE, HARTLEPOOL, TS27 3QN - £126,000

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

15 REDWOOD CLOSE is a midsized detached house of 109m², built sometime between 1976 and 1982. It was last sold for £126,000 in October 2013, which was around 26% below the average October 2013 detached price in the Hartlepool local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

15 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 15 REDWOOD 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 Hartlepool local authority area for the corresponding sale date. One of the two 15 REDWOOD 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
2013 11 OCT	£126,000	£169,625	26% below HPI
2003 19 SEP	£138,000	£119,284	16% above HPI

15 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The two 15 REDWOOD CLOSE sales from September 2003 and October 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 September 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 REDWOOD CLOSE be worth now?

15 REDWOOD CLOSE might now be worth an estimated £180,777.

This is based on house price inflation of 43.5%, between October 2013 and December 2024, for detached houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.5% inflationary increase is applied to the most recent sale price for 15 REDWOOD CLOSE of £126,000 on 11th October 2013. For the value to have increased from £126,000 to £180,777 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Hartlepool local authority area.
• The October 2013 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDWOOD CLOSE has not materially changed since October 2013.

How Large is 15 REDWOOD CLOSE?

15 REDWOOD CLOSE is 109m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses houses in Hartlepool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hartlepool, and where 15 REDWOOD CLOSE lies on this distribution: 45% of detached houses houses are smaller than 15 REDWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Hartlepool.

15 REDWOOD CLOSE: Plot and Title Map

15 REDWOOD CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 REDWOOD 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 REDWOOD 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 REDWOOD CLOSE?

15 REDWOOD CLOSE is located in HARTLEPOOL, in the TS27 postcode district. The below map shows the position of No. 15 on REDWOOD CLOSE.