3, CAYTON CLOSE, REDCAR, TS10 4RB - £125,000

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

3 CAYTON CLOSE is a large extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £125,000 in October 2018, which was around 35% below the average October 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

3 CAYTON CLOSE Sold Prices

Land registry data shows two sales for 3 CAYTON 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 3 CAYTON 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
2018 26 OCT	£125,000	£193,214	35% below HPI
1997 15 OCT	£49,995	£75,695	34% below HPI

3 CAYTON 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 3 CAYTON CLOSE sales from October 1997 and October 2018 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 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 CAYTON CLOSE?

3 CAYTON CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 3 CAYTON CLOSE lies on this distribution: 60% of detached houses are smaller than 3 CAYTON CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 CAYTON CLOSE: Plot and Title Map

3 CAYTON CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 3 CAYTON 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 CAYTON 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 CAYTON CLOSE?

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