7, STORR CLOSE, REDCAR, TS10 2NY - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 STORR CLOSE is a very small detached house of 84m². It was last sold for £240,000 in July 2023, which was around 2% below the average July 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

7 STORR CLOSE Sold Prices

Land registry data shows two sales for 7 STORR 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 7 STORR 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
2023 20 JUL	£240,000	£245,686	2% below HPI
2018 13 JUL	£167,995	£193,611	13% below HPI

7 STORR 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 7 STORR CLOSE sales from July 2018 and July 2023 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 July 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 STORR CLOSE?

7 STORR CLOSE is 84m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 STORR CLOSE lies on this distribution: 20% of detached houses are smaller than 7 STORR CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.

7 STORR CLOSE: Plot and Title Map

7 STORR CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 7 STORR 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 STORR 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 7 STORR CLOSE?

7 STORR CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on STORR CLOSE.