16, KINMEL CLOSE, REDCAR, TS10 2RY - £210,000

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

16 KINMEL CLOSE is a very large extended detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £295,569. It was last sold for £210,000 in October 2014, which was around 16% above the average October 2014 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 B.

16 KINMEL CLOSE Sold Prices

Land registry data shows two sales for 16 KINMEL 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 16 KINMEL 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
2014 31 OCT	£210,000	£181,788	16% above HPI
1998 11 DEC	£101,995	£77,423	32% above HPI

16 KINMEL 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 16 KINMEL CLOSE sales from December 1998 and October 2014 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 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2014 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 KINMEL CLOSE be worth now?

16 KINMEL CLOSE might now be worth an estimated £295,569.

This is based on house price inflation of 40.7%, between October 2014 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 40.7% inflationary increase is applied to the most recent sale price for 16 KINMEL CLOSE of £210,000 on 31st October 2014. For the value to have increased from £210,000 to £295,569 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 KINMEL CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2014 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 16 KINMEL CLOSE has not materially changed since October 2014.

How Large is 16 KINMEL CLOSE?

16 KINMEL CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 16 KINMEL CLOSE lies on this distribution: 81% of detached houses houses are smaller than 16 KINMEL CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Redcar.

16 KINMEL CLOSE: Plot and Title Map

16 KINMEL CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 16 KINMEL 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 16 KINMEL 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 16 KINMEL CLOSE?

16 KINMEL CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 16 on KINMEL CLOSE.