3, HIGH STONE CLOSE, REDCAR, TS10 2PR - £107,000

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 HIGH STONE CLOSE is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £231,437. It was last sold for £107,000 in June 2003, which was around 10% below the average June 2003 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

3 HIGH STONE CLOSE Sold Prices

Land registry data shows two sales for 3 HIGH STONE 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 HIGH STONE 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
2003 27 JUN	£107,000	£118,292	10% below HPI
1998 21 AUG	£66,000	£79,251	17% below HPI

3 HIGH STONE 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 HIGH STONE CLOSE sales from August 1998 and June 2003 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 August 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2003 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 HIGH STONE CLOSE be worth now?

3 HIGH STONE CLOSE might now be worth an estimated £231,437.

This is based on house price inflation of 116.3%, between June 2003 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 116.3% inflationary increase is applied to the most recent sale price for 3 HIGH STONE CLOSE of £107,000 on 27th June 2003. For the value to have increased from £107,000 to £231,437 over the 22 years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HIGH STONE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2003 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGH STONE CLOSE has not materially changed since June 2003.

How Large is 3 HIGH STONE CLOSE?

3 HIGH STONE CLOSE is 81m² according to the EPC inspection conducted in October 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 HIGH STONE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 HIGH STONE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 HIGH STONE CLOSE: Plot and Title Map

3 HIGH STONE CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 HIGH STONE 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 HIGH STONE 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 HIGH STONE CLOSE?

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