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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 RYEHILLS CLOSE is a very small detached house of 76m², which could now be worth an estimated £219,455. 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	£244,837	14% below HPI
2020 30 OCT	£159,995	£203,470	21% 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 21% below the HPI. So the extrapolation line tracks at 21% 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.

What might 15 RYEHILLS CLOSE be worth now?

15 RYEHILLS CLOSE might now be worth an estimated £219,455.

This is based on house price inflation of 4.5%, between December 2022 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 4.5% inflationary increase is applied to the most recent sale price for 15 RYEHILLS CLOSE of £210,000 on 16th December 2022. For the value to have increased from £210,000 to £219,455 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 RYEHILLS CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The December 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RYEHILLS CLOSE has not materially changed since December 2022.

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 houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 15 RYEHILLS CLOSE lies on this distribution: 13% of detached houses 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.