15, RYEHILLS CLOSE, REDCAR, TS10 2FA - £210,000

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

15 RYEHILLS CLOSE is a very small detached house of 76m². It was last sold for £210,000 in December 2022, which was around 14% below the average December 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

15 RYEHILLS CLOSE Sold Prices

Land registry data shows two sales for 15 RYEHILLS 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 15 RYEHILLS 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
2022 16 DEC	£210,000	£245,322	14% below HPI
2020 30 OCT	£159,995	£203,873	22% below HPI

15 RYEHILLS 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 RYEHILLS CLOSE sales from October 2020 and December 2022 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 October 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 RYEHILLS CLOSE?

15 RYEHILLS CLOSE is 76m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% 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 RYEHILLS CLOSE lies on this distribution: 13% of detached houses are smaller than 15 RYEHILLS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redcar.

15 RYEHILLS CLOSE: Plot and Title Map

15 RYEHILLS CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 15 RYEHILLS 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 RYEHILLS 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 RYEHILLS CLOSE?

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