4, MOORSIDE CLOSE, REDCAR, TS10 2TT - £305,000

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 MOORSIDE CLOSE is a midsized extended detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £320,399. It was last sold for £305,000 in September 2023, which was around 25% above the average September 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

4 MOORSIDE CLOSE Sold Prices

Land registry data shows three sales for 4 MOORSIDE 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. All of the three 4 MOORSIDE CLOSE sales were 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
2023 1 SEP	£305,000	£243,564	25% above HPI
2005 4 FEB	£185,000	£162,932	14% above HPI
2004 16 JUL	£175,000	£155,977	12% above HPI

4 MOORSIDE 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 4 MOORSIDE CLOSE sales between July 2004 and September 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 February 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 4 MOORSIDE CLOSE be worth now?

4 MOORSIDE CLOSE might now be worth an estimated £320,399.

This is based on house price inflation of 5%, between September 2023 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 5% inflationary increase is applied to the most recent sale price for 4 MOORSIDE CLOSE of £305,000 on 1st September 2023. For the value to have increased from £305,000 to £320,399 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 MOORSIDE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MOORSIDE CLOSE has not materially changed since September 2023.

How Large is 4 MOORSIDE CLOSE?

4 MOORSIDE CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% 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 MOORSIDE CLOSE lies on this distribution: 41% of detached houses houses are smaller than 4 MOORSIDE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 MOORSIDE CLOSE: Plot and Title Map

4 MOORSIDE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 4 MOORSIDE 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 MOORSIDE 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 MOORSIDE CLOSE?

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