5, FILEY CLOSE, REDCAR, TS10 2QQ - £230,000

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.

5 FILEY CLOSE is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £230,305. It was last sold for £230,000 in September 2024, which was around 10% below the average September 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

5 FILEY CLOSE Sold Prices

Land registry data shows two sales for 5 FILEY 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 5 FILEY 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
2024 20 SEP	£230,000	£255,522	10% below HPI
2001 7 DEC	£83,000	£87,692	5% below HPI

5 FILEY 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 5 FILEY CLOSE sales from December 2001 and September 2024 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 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 FILEY CLOSE be worth now?

5 FILEY CLOSE might now be worth an estimated £230,305.

This is based on house price inflation of 0.1%, between September 2024 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 0.1% inflationary increase is applied to the most recent sale price for 5 FILEY CLOSE of £230,000 on 20th September 2024. For the value to have increased from £230,000 to £230,305 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FILEY CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FILEY CLOSE has not materially changed since September 2024.

How Large is 5 FILEY CLOSE?

5 FILEY CLOSE is 91m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% 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 5 FILEY CLOSE lies on this distribution: 32% of detached houses houses are smaller than 5 FILEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 FILEY CLOSE: Plot and Title Map

5 FILEY CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 FILEY 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 5 FILEY 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 5 FILEY CLOSE?

5 FILEY CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 5 on FILEY CLOSE.