2, RED CEDAR CLOSE, WYNYARD, BILLINGHAM, TS22 5TL - £599,950

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 RED CEDAR CLOSE is a very large detached house of 265m². It was last sold for £599,950 in November 2021, which was around 180% above the average November 2021 detached price in the Hartlepool local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

2 RED CEDAR CLOSE Sold Prices

Land registry data shows two sales for 2 RED CEDAR 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 Hartlepool local authority area for the corresponding sale date. Both of the two 2 RED CEDAR 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
2021 12 NOV	£599,950	£214,626	180% above HPI
2020 17 JUL	£562,650	£182,490	208% above HPI

2 RED CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The two 2 RED CEDAR CLOSE sales from July 2020 and November 2021 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 July 2020 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the November 2021 sale, where it falls to 180% above the HPI. The line then continues to track at 180% above the HPI.

How Large is 2 RED CEDAR CLOSE?

2 RED CEDAR CLOSE is 265m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Wynyard Village, based on EPC data. The below chart shows the distribution of detached houses by size in Wynyard Village, and where 2 RED CEDAR CLOSE lies on this distribution: 86% of detached houses are smaller than 2 RED CEDAR CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

2 RED CEDAR CLOSE: Plot and Title Map

2 RED CEDAR CLOSE sits on a plot of roughly 1.7 acres, or 6,986m². The below map shows the location of 2 RED CEDAR 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 RED CEDAR 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 RED CEDAR CLOSE?

2 RED CEDAR CLOSE is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 2 on RED CEDAR CLOSE.