22, FALMOUTH CLOSE, REDCAR, TS10 4GQ - £185,000

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

22 FALMOUTH CLOSE is a large detached house of 116m², built sometime between 2007 and 2011. It was last sold for £185,000 in April 2022, which was around 21% below the average April 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

22 FALMOUTH CLOSE Sold Prices

Land registry data shows two sales for 22 FALMOUTH 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 22 FALMOUTH 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
2022 29 APR	£185,000	£233,927	21% below HPI
2009 9 DEC	£152,000	£187,563	19% below HPI

22 FALMOUTH 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 22 FALMOUTH CLOSE sales from December 2009 and April 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 December 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 22 FALMOUTH CLOSE?

22 FALMOUTH CLOSE is 116m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 22 FALMOUTH CLOSE lies on this distribution: 64% of detached houses are smaller than 22 FALMOUTH CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Redcar.

22 FALMOUTH CLOSE: Plot and Title Map

22 FALMOUTH CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 22 FALMOUTH 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 22 FALMOUTH 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 22 FALMOUTH CLOSE?

22 FALMOUTH CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 22 on FALMOUTH CLOSE.