17, HYTHE CLOSE, REDCAR, TS10 2QP - £160,000

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

17 HYTHE CLOSE is a small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £210,126. It was last sold for £160,000 in July 2007, which was around 18% below the average July 2007 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

17 HYTHE CLOSE Sold Prices

Land registry data shows two sales for 17 HYTHE 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 17 HYTHE 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
2007 6 JUL	£160,000	£194,825	18% below HPI
1997 21 FEB	£63,000	£72,614	13% below HPI

17 HYTHE 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 17 HYTHE CLOSE sales from February 1997 and July 2007 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 February 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 17 HYTHE CLOSE be worth now?

17 HYTHE CLOSE might now be worth an estimated £210,126.

This is based on house price inflation of 31.3%, between July 2007 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 31.3% inflationary increase is applied to the most recent sale price for 17 HYTHE CLOSE of £160,000 on 6th July 2007. For the value to have increased from £160,000 to £210,126 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 17 HYTHE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2007 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HYTHE CLOSE has not materially changed since July 2007.

How Large is 17 HYTHE CLOSE?

17 HYTHE CLOSE is 87m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% 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 17 HYTHE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 17 HYTHE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Redcar.

17 HYTHE CLOSE: Plot and Title Map

17 HYTHE CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 17 HYTHE 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 17 HYTHE 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 17 HYTHE CLOSE?

17 HYTHE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 17 on HYTHE CLOSE.