32, FALMOUTH CLOSE, REDCAR, TS10 4GQ - £196,000

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

32 FALMOUTH CLOSE is a small detached house of 90m². It was last sold for £196,000 in January 2023, which was around 20% below the average January 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

32 FALMOUTH CLOSE Sold Prices

Land registry data shows two sales for 32 FALMOUTH 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 32 FALMOUTH 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
2023 30 JAN	£196,000	£245,110	20% below HPI
2017 22 SEP	£148,000	£189,764	22% below HPI

32 FALMOUTH 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 32 FALMOUTH CLOSE sales from September 2017 and January 2023 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 September 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 FALMOUTH CLOSE?

32 FALMOUTH CLOSE is 90m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 32 FALMOUTH CLOSE lies on this distribution: 30% of detached houses are smaller than 32 FALMOUTH CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Redcar.

32 FALMOUTH CLOSE: Plot and Title Map

32 FALMOUTH CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 32 FALMOUTH 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 32 FALMOUTH 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 32 FALMOUTH CLOSE?

32 FALMOUTH CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 32 on FALMOUTH CLOSE.