16, SOUTHWOLD CLOSE, REDCAR, TS10 4GB - £151,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 SOUTHWOLD CLOSE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £151,000 in April 2017, which was around 20% below the average April 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

16 SOUTHWOLD CLOSE Sold Prices

Land registry data shows three sales for 16 SOUTHWOLD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 16 SOUTHWOLD 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
2017 21 APR	£151,000	£188,735	20% below HPI
2009 30 JAN	£136,500	£180,389	24% below HPI
2006 31 OCT	£152,000	£192,367	21% below HPI

16 SOUTHWOLD 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 three 16 SOUTHWOLD CLOSE sales between October 2006 and April 2017 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 January 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 SOUTHWOLD CLOSE?

16 SOUTHWOLD CLOSE is 80m² according to the EPC inspection conducted in June 2010. 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 16 SOUTHWOLD CLOSE lies on this distribution: 17% of detached houses are smaller than 16 SOUTHWOLD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Redcar.

16 SOUTHWOLD CLOSE: Plot and Title Map

16 SOUTHWOLD CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 SOUTHWOLD 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 SOUTHWOLD 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 SOUTHWOLD CLOSE?

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