Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 FILEY CLOSE is a very large extended detached house of 150m², built sometime between 1983 and 1990. It was last sold for £317,250 in June 2021, which was around 45% above the average June 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 7 FILEY CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 7 FILEY 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 |
---|---|---|---|
2021 1 JUN | £317,250 | £218,342 | 45% above HPI |
2015 21 SEP | £289,000 | £184,452 | 57% above HPI |
2006 24 OCT | £247,500 | £192,367 | 29% above HPI |
2005 12 APR | £203,000 | £167,409 | 21% above HPI |
1995 3 MAR | £94,500 | £74,509 | 27% above HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The five 7 FILEY CLOSE sales between March 1995 and June 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 September 2015 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2021 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.
7 FILEY CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 7 FILEY CLOSE lies on this distribution: 89% of detached houses are smaller than 7 FILEY CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Redcar.
7 FILEY CLOSE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 7 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 7 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.
7 FILEY CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on FILEY CLOSE.