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

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.

2 ABERCORN CLOSE is a very large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £412,701. It was last sold for £395,000 in April 2024, which was around 61% 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	£244,887	61% above HPI
2007 28 SEP	£230,000	£202,323	14% above HPI
2006 4 AUG	£247,500	£181,737	36% above HPI
2003 7 FEB	£171,950	£106,007	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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2024 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 2 ABERCORN CLOSE be worth now?

2 ABERCORN CLOSE might now be worth an estimated £412,701.

This is based on house price inflation of 4.5%, between April 2024 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 4.5% inflationary increase is applied to the most recent sale price for 2 ABERCORN CLOSE of £395,000 on 25th April 2024. For the value to have increased from £395,000 to £412,701 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 2 ABERCORN CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABERCORN CLOSE has not materially changed since April 2024.

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 houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redcar, and where 2 ABERCORN CLOSE lies on this distribution: 93% of detached houses 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.