5, MOORSIDE CLOSE, REDCAR, TS10 2TT - £239,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MOORSIDE CLOSE is a midsized extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £324,974. It was last sold for £239,950 in March 2010, which was around 27% above the average March 2010 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

5 MOORSIDE CLOSE Sold Prices

Land registry data shows two sales for 5 MOORSIDE 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 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
2010 10 MAR	£239,950	£188,919	27% above HPI
2004 17 SEP	£208,000	£164,681	26% above HPI

5 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 two 5 MOORSIDE CLOSE sales from September 2004 and March 2010 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 September 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2010 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 MOORSIDE CLOSE be worth now?

5 MOORSIDE CLOSE might now be worth an estimated £324,974.

This is based on house price inflation of 35.4%, between March 2010 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 35.4% inflationary increase is applied to the most recent sale price for 5 MOORSIDE CLOSE of £239,950 on 10th March 2010. For the value to have increased from £239,950 to £324,974 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 5 MOORSIDE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The March 2010 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MOORSIDE CLOSE has not materially changed since March 2010.

How Large is 5 MOORSIDE CLOSE?

5 MOORSIDE CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 5 MOORSIDE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 5 MOORSIDE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 MOORSIDE CLOSE: Plot and Title Map

5 MOORSIDE CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 5 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 5 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 5 MOORSIDE CLOSE?

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