3, SEAFORD CLOSE, REDCAR, TS10 2NP - £198,000

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 SEAFORD CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £198,000 in April 2022, which was around 15% below the average April 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 SEAFORD CLOSE Sold Prices

Land registry data shows four sales for 3 SEAFORD 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. All of the four 3 SEAFORD 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 4 APR	£198,000	£233,927	15% below HPI
2006 17 MAR	£144,000	£172,849	17% below HPI
2004 14 MAY	£127,250	£145,446	13% below HPI
2003 11 APR	£102,500	£104,709	2% below HPI

3 SEAFORD 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 SEAFORD CLOSE sales between April 2003 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 March 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 SEAFORD CLOSE?

3 SEAFORD CLOSE is 79m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% 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 SEAFORD CLOSE lies on this distribution: 15% of detached houses are smaller than 3 SEAFORD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 SEAFORD CLOSE: Plot and Title Map

3 SEAFORD CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 3 SEAFORD 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 SEAFORD 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 SEAFORD CLOSE?

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