3, ABERCORN CLOSE, REDCAR, TS10 2TX - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ABERCORN CLOSE is a very small extended detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £238,684. It was last sold for £170,000 in January 2015, which was around 7% below the average January 2015 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 ABERCORN CLOSE Sold Prices

Land registry data shows four sales for 3 ABERCORN 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. Most of the four 3 ABERCORN 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
2015 23 JAN	£170,000	£182,234	7% below HPI
2005 30 NOV	£156,000	£179,526	13% below HPI
2004 20 APR	£149,950	£141,161	6% above HPI
2002 24 OCT	£93,000	£106,517	13% below HPI

3 ABERCORN 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 3 ABERCORN CLOSE sales between October 2002 and January 2015 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 November 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 ABERCORN CLOSE be worth now?

3 ABERCORN CLOSE might now be worth an estimated £238,684.

This is based on house price inflation of 40.4%, between January 2015 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 40.4% inflationary increase is applied to the most recent sale price for 3 ABERCORN CLOSE of £170,000 on 23rd January 2015. For the value to have increased from £170,000 to £238,684 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 ABERCORN CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The January 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ABERCORN CLOSE has not materially changed since January 2015.

How Large is 3 ABERCORN CLOSE?

3 ABERCORN CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 3 ABERCORN CLOSE lies on this distribution: 10% of detached houses houses are smaller than 3 ABERCORN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 ABERCORN CLOSE: Plot and Title Map

3 ABERCORN CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 3 ABERCORN 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 3 ABERCORN 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 3 ABERCORN CLOSE?

3 ABERCORN CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 3 on ABERCORN CLOSE.