3, SHIPHAM CLOSE, REDCAR, TS10 2RT - £260,000

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 SHIPHAM CLOSE is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £260,000 in August 2024, which was around 2% below the average August 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

3 SHIPHAM CLOSE Sold Prices

Land registry data shows three sales for 3 SHIPHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Two of the three 3 SHIPHAM CLOSE sales were for below the average price, whilst one was 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
2024 5 AUG	£260,000	£264,444	2% below HPI
2016 18 MAR	£210,000	£183,321	15% above HPI
1997 25 JUL	£73,995	£76,871	4% below HPI

3 SHIPHAM 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 three 3 SHIPHAM CLOSE sales between July 1997 and August 2024 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 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 SHIPHAM CLOSE?

3 SHIPHAM CLOSE is 104m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% 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 SHIPHAM CLOSE lies on this distribution: 48% of detached houses are smaller than 3 SHIPHAM CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Redcar.

3 SHIPHAM CLOSE: Plot and Title Map

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

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