4, SOUTHWOLD CLOSE, REDCAR, TS10 4GB - £175,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 SOUTHWOLD CLOSE is a small extended detached house of 95m², built sometime between 2003 and 2006. It was last sold for £175,000 in July 2021, which was around 19% below the average July 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 SOUTHWOLD CLOSE Sold Prices

Land registry data shows three sales for 4 SOUTHWOLD 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 SOUTHWOLD 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 JUL	£175,000	£216,730	19% below HPI
2009 12 NOV	£155,000	£188,977	18% below HPI
2006 30 NOV	£165,000	£196,077	16% below HPI

4 SOUTHWOLD 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 SOUTHWOLD CLOSE sales between November 2006 and July 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 November 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 SOUTHWOLD CLOSE?

4 SOUTHWOLD CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 4 SOUTHWOLD CLOSE lies on this distribution: 36% of detached houses are smaller than 4 SOUTHWOLD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Redcar.

4 SOUTHWOLD CLOSE: Plot and Title Map

4 SOUTHWOLD CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 SOUTHWOLD 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 SOUTHWOLD 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 SOUTHWOLD CLOSE?

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