2, ABERCORN CLOSE, REDCAR, TS10 2TX - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ABERCORN CLOSE is a very large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £395,000 in April 2024, which was around 58% above the average April 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 ABERCORN CLOSE Sold Prices

Land registry data shows four sales for 2 ABERCORN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 2 ABERCORN 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
2024 25 APR	£395,000	£250,444	58% above HPI
2007 28 SEP	£230,000	£202,725	13% above HPI
2006 4 AUG	£247,500	£182,098	36% above HPI
2003 7 FEB	£171,950	£106,217	62% above HPI

2 ABERCORN 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 four 2 ABERCORN CLOSE sales between February 2003 and April 2024 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 September 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2024 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 ABERCORN CLOSE?

2 ABERCORN CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 2 ABERCORN CLOSE lies on this distribution: 93% of detached houses are smaller than 2 ABERCORN CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redcar.

2 ABERCORN CLOSE: Plot and Title Map

2 ABERCORN CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 ABERCORN 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 2 ABERCORN 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 2 ABERCORN CLOSE?

2 ABERCORN CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 2 on ABERCORN CLOSE.