2, THORNBURY CLOSE, REDCAR, TS10 2SU - £168,000

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 THORNBURY CLOSE is a midsized detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £239,866. It was last sold for £168,000 in October 2012, which was around 6% below the average October 2012 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

2 THORNBURY CLOSE Sold Prices

Land registry data shows four sales for 2 THORNBURY 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. two of the four 2 THORNBURY CLOSE sales were for below the average price, and four 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
2012 15 OCT	£168,000	£179,203	6% below HPI
2007 19 OCT	£189,995	£201,850	6% below HPI
2004 11 MAR	£142,000	£137,312	3% above HPI
2003 13 MAY	£117,950	£112,091	5% above HPI

2 THORNBURY 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 THORNBURY CLOSE sales between May 2003 and October 2012 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 October 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2012 sale, which was also at 6% below the HPI.

What might 2 THORNBURY CLOSE be worth now?

2 THORNBURY CLOSE might now be worth an estimated £239,866.

This is based on house price inflation of 42.8%, between October 2012 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 42.8% inflationary increase is applied to the most recent sale price for 2 THORNBURY CLOSE of £168,000 on 15th October 2012. For the value to have increased from £168,000 to £239,866 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 THORNBURY CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2012 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THORNBURY CLOSE has not materially changed since October 2012.

How Large is 2 THORNBURY CLOSE?

2 THORNBURY CLOSE is 109m² according to the EPC inspection conducted in September 2011. This puts it in the largest 50% 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 THORNBURY CLOSE lies on this distribution: 54% of detached houses houses are smaller than 2 THORNBURY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Redcar.

2 THORNBURY CLOSE: Plot and Title Map

2 THORNBURY CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 THORNBURY 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 THORNBURY 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 THORNBURY CLOSE?

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