4, FAIRFIELD CLOSE, REDCAR, TS10 4BS - £148,000

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

4 FAIRFIELD CLOSE is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £148,000 in April 2014, which was around 22% below the average April 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

4 FAIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 FAIRFIELD 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 4 FAIRFIELD 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
2014 17 APR	£148,000	£188,682	22% below HPI
2004 30 JUN	£137,000	£150,563	9% below HPI

4 FAIRFIELD 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 4 FAIRFIELD CLOSE sales from June 2004 and April 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 June 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 FAIRFIELD CLOSE?

4 FAIRFIELD CLOSE is 89m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 4 FAIRFIELD CLOSE lies on this distribution: 28% of detached houses are smaller than 4 FAIRFIELD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 FAIRFIELD CLOSE: Plot and Title Map

4 FAIRFIELD CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 4 FAIRFIELD 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 4 FAIRFIELD 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 4 FAIRFIELD CLOSE?

4 FAIRFIELD CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 4 on FAIRFIELD CLOSE.