3, MILLSTONE CLOSE, REDCAR, TS10 2XB - £200,000

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 MILLSTONE CLOSE is a large extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £282,985. It was last sold for £200,000 in September 2014, which was around 11% above the average September 2014 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.

3 MILLSTONE CLOSE Sold Prices

Land registry data shows two sales for 3 MILLSTONE 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 MILLSTONE CLOSE sales 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
2014 4 SEP	£200,000	£180,830	11% above HPI
2003 17 NOV	£149,950	£136,348	10% above HPI

3 MILLSTONE 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 MILLSTONE CLOSE sales from November 2003 and September 2014 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2014 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 MILLSTONE CLOSE be worth now?

3 MILLSTONE CLOSE might now be worth an estimated £282,985.

This is based on house price inflation of 41.5%, between September 2014 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 41.5% inflationary increase is applied to the most recent sale price for 3 MILLSTONE CLOSE of £200,000 on 4th September 2014. For the value to have increased from £200,000 to £282,985 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 MILLSTONE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLSTONE CLOSE has not materially changed since September 2014.

How Large is 3 MILLSTONE CLOSE?

3 MILLSTONE CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 30% 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 MILLSTONE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 3 MILLSTONE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 MILLSTONE CLOSE: Plot and Title Map

3 MILLSTONE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 MILLSTONE 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 MILLSTONE 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 MILLSTONE CLOSE?

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