18, REDWOOD CLOSE, HARTLEPOOL, TS27 3QN - £215,000

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

18 REDWOOD CLOSE is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £215,000 in October 2023, which was around 7% below the average October 2023 detached price in the Hartlepool local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

18 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 18 REDWOOD 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 Hartlepool local authority area for the corresponding sale date. Both of the two 18 REDWOOD 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
2023 12 OCT	£215,000	£232,227	7% below HPI
2023 27 JAN	£190,000	£232,966	18% below HPI

18 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The two 18 REDWOOD CLOSE sales from January 2023 and October 2023 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 2023 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 REDWOOD CLOSE?

18 REDWOOD CLOSE is 98m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Hartlepool, based on EPC data. The below chart shows the distribution of detached houses by size in Hartlepool, and where 18 REDWOOD CLOSE lies on this distribution: 29% of detached houses are smaller than 18 REDWOOD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hartlepool.

18 REDWOOD CLOSE: Plot and Title Map

18 REDWOOD CLOSE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 18 REDWOOD 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 18 REDWOOD 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 18 REDWOOD CLOSE?

18 REDWOOD CLOSE is located in HARTLEPOOL, in the TS27 postcode district. The below map shows the position of No. 18 on REDWOOD CLOSE.