2, SHOREHAM CLOSE, REDCAR, TS10 2RD - £224,950

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 SHOREHAM CLOSE is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £224,950 in October 2023, which was around 8% below the average October 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2 SHOREHAM CLOSE Sold Prices

Land registry data shows three sales for 2 SHOREHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 2 SHOREHAM CLOSE sales were for below 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
2023 17 OCT	£224,950	£245,601	8% below HPI
2022 9 SEP	£200,000	£245,932	19% below HPI
1999 29 JUL	£70,000	£79,491	12% below HPI

2 SHOREHAM 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 three 2 SHOREHAM CLOSE sales between July 1999 and October 2023 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 2022 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 SHOREHAM CLOSE?

2 SHOREHAM CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% 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 SHOREHAM CLOSE lies on this distribution: 13% of detached houses are smaller than 2 SHOREHAM CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redcar.

2 SHOREHAM CLOSE: Plot and Title Map

2 SHOREHAM CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 SHOREHAM 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 SHOREHAM 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 SHOREHAM CLOSE?

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