4, FOUNDATION CLOSE, REDCAR, TS10 2GY - £160,000

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.

4 FOUNDATION CLOSE is a very small detached house of 83m², which could now be worth an estimated £187,933. It was last sold for £160,000 in April 2021, which was around 27% below the average April 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

4 FOUNDATION CLOSE Sold Prices

Land registry data shows two sales for 4 FOUNDATION 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 FOUNDATION 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
2021 21 APR	£160,000	£217,832	27% below HPI
2013 20 DEC	£169,950	£177,793	4% below HPI

4 FOUNDATION 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 FOUNDATION CLOSE sales from December 2013 and April 2021 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 December 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 FOUNDATION CLOSE be worth now?

4 FOUNDATION CLOSE might now be worth an estimated £187,933.

This is based on house price inflation of 17.5%, between April 2021 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 17.5% inflationary increase is applied to the most recent sale price for 4 FOUNDATION CLOSE of £160,000 on 21st April 2021. For the value to have increased from £160,000 to £187,933 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 4 FOUNDATION CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FOUNDATION CLOSE has not materially changed since April 2021.

How Large is 4 FOUNDATION CLOSE?

4 FOUNDATION CLOSE is 83m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 4 FOUNDATION CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 FOUNDATION CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 FOUNDATION CLOSE: Plot and Title Map

4 FOUNDATION CLOSE sits on a plot of roughly 4.8 acres, or 19,302m². The below map shows the location of 4 FOUNDATION 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 FOUNDATION 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 FOUNDATION CLOSE?

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