2, HYTHE CLOSE, REDCAR, TS10 2QP - £136,000

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 HYTHE CLOSE is a very small extended semi-detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £182,419. It was last sold for £136,000 in January 2006, which was around 18% above the average January 2006 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 HYTHE CLOSE Sold Prices

Land registry data shows two sales for 2 HYTHE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 2 HYTHE 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
2006 27 JAN	£136,000	£115,139	18% above HPI
1996 1 NOV	£58,000	£43,642	33% above HPI

2 HYTHE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 2 HYTHE CLOSE sales from November 1996 and January 2006 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 November 1996 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2006 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 HYTHE CLOSE be worth now?

2 HYTHE CLOSE might now be worth an estimated £182,419.

This is based on house price inflation of 34.1%, between January 2006 and February 2025, for semi-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 34.1% inflationary increase is applied to the most recent sale price for 2 HYTHE CLOSE of £136,000 on 27th January 2006. For the value to have increased from £136,000 to £182,419 over the eighteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 HYTHE CLOSE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The January 2006 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HYTHE CLOSE has not materially changed since January 2006.

How Large is 2 HYTHE CLOSE?

2 HYTHE CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 2 HYTHE CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 2 HYTHE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redcar.

2 HYTHE CLOSE: Plot and Title Map

2 HYTHE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 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 2 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 2 HYTHE CLOSE?

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