18, THORNBURY CLOSE, REDCAR, TS10 2SU - £273,000

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.

18 THORNBURY CLOSE is a very large extended detached house of 142m², built sometime between 2003 and 2006, which could now be worth an estimated £372,393. It was last sold for £273,000 in May 2018, which was around 46% above the average May 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

18 THORNBURY CLOSE Sold Prices

Land registry data shows two sales for 18 THORNBURY 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 18 THORNBURY 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
2018 4 MAY	£273,000	£187,571	46% above HPI
2003 11 APR	£170,500	£104,502	63% above HPI

18 THORNBURY 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 18 THORNBURY CLOSE sales from April 2003 and May 2018 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 April 2003 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the May 2018 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 18 THORNBURY CLOSE be worth now?

18 THORNBURY CLOSE might now be worth an estimated £372,393.

This is based on house price inflation of 36.4%, between May 2018 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 36.4% inflationary increase is applied to the most recent sale price for 18 THORNBURY CLOSE of £273,000 on 4th May 2018. For the value to have increased from £273,000 to £372,393 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 18 THORNBURY CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2018 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THORNBURY CLOSE has not materially changed since May 2018.

How Large is 18 THORNBURY CLOSE?

18 THORNBURY CLOSE is 142m², which includes two extensions, according to the EPC inspection conducted in February 2018. 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 18 THORNBURY CLOSE lies on this distribution: 86% of detached houses houses are smaller than 18 THORNBURY CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Redcar.

18 THORNBURY CLOSE: Plot and Title Map

18 THORNBURY CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 18 THORNBURY 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 THORNBURY 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 THORNBURY CLOSE?

18 THORNBURY CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 18 on THORNBURY CLOSE.