8, KINMEL CLOSE, REDCAR, TS10 2RY - £260,000

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

8 KINMEL CLOSE is a large extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £260,000 in July 2021, which was around 20% above the average July 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 KINMEL CLOSE Sold Prices

Land registry data shows two sales for 8 KINMEL 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 8 KINMEL 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 26 JUL	£260,000	£216,730	20% above HPI
1999 19 MAR	£250,000	£76,899	225% above HPI

8 KINMEL 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 8 KINMEL CLOSE sales from March 1999 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 March 1999 sale was for 225% above the HPI. So the extrapolation line tracks at 225% above the HPI over time, until the July 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 KINMEL CLOSE?

8 KINMEL CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 8 KINMEL CLOSE lies on this distribution: 63% of detached houses are smaller than 8 KINMEL CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8 KINMEL CLOSE: Plot and Title Map

8 KINMEL CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 KINMEL 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 8 KINMEL 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 8 KINMEL CLOSE?

8 KINMEL CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 8 on KINMEL CLOSE.