2, LAVERNOCK CLOSE, REDCAR, TS10 2PX - £251,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LAVERNOCK CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £258,653. It was last sold for £251,000 in October 2022, which was around 1% above the average October 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

2 LAVERNOCK CLOSE Sold Prices

Land registry data shows two sales for 2 LAVERNOCK 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 2 LAVERNOCK 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
2022 7 OCT	£251,000	£248,291	1% above HPI
1996 28 JUN	£75,000	£71,508	5% above HPI

2 LAVERNOCK 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 2 LAVERNOCK CLOSE sales from June 1996 and October 2022 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 June 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 LAVERNOCK CLOSE be worth now?

2 LAVERNOCK CLOSE might now be worth an estimated £258,653.

This is based on house price inflation of 3%, between October 2022 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 3% inflationary increase is applied to the most recent sale price for 2 LAVERNOCK CLOSE of £251,000 on 7th October 2022. For the value to have increased from £251,000 to £258,653 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LAVERNOCK CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2022 sale price of £251,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAVERNOCK CLOSE has not materially changed since October 2022.

How Large is 2 LAVERNOCK CLOSE?

2 LAVERNOCK CLOSE is 79m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 2 LAVERNOCK CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 LAVERNOCK CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redcar.

2 LAVERNOCK CLOSE: Plot and Title Map

2 LAVERNOCK CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 LAVERNOCK 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 LAVERNOCK 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 LAVERNOCK CLOSE?

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