4, REEDSDALE CLOSE, REDCAR, TS10 2TJ - £340,000

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 REEDSDALE CLOSE is a midsized detached house of 111m², built sometime between 2007 and 2011, which could now be worth an estimated £362,612. It was last sold for £340,000 in June 2022, which was around 42% above the average June 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

4 REEDSDALE CLOSE Sold Prices

Land registry data shows two sales for 4 REEDSDALE 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 REEDSDALE 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
2022 24 JUN	£340,000	£239,906	42% above HPI
2006 25 OCT	£250,000	£191,986	30% above HPI

4 REEDSDALE 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 REEDSDALE CLOSE sales from October 2006 and June 2022 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 October 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 4 REEDSDALE CLOSE be worth now?

4 REEDSDALE CLOSE might now be worth an estimated £362,612.

This is based on house price inflation of 6.7%, between June 2022 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 6.7% inflationary increase is applied to the most recent sale price for 4 REEDSDALE CLOSE of £340,000 on 24th June 2022. For the value to have increased from £340,000 to £362,612 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 4 REEDSDALE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 REEDSDALE CLOSE has not materially changed since June 2022.

How Large is 4 REEDSDALE CLOSE?

4 REEDSDALE CLOSE is 111m² according to the EPC inspection conducted in April 2022. This puts it in the largest 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 REEDSDALE CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 REEDSDALE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 REEDSDALE CLOSE: Plot and Title Map

4 REEDSDALE CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 4 REEDSDALE 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 REEDSDALE 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 REEDSDALE CLOSE?

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