8, THORNBURY CLOSE, REDCAR, TS10 2SU - £214,000

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.

8 THORNBURY CLOSE is a large detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £290,770. It was last sold for £214,000 in April 2014, which was around 14% above the average April 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

8 THORNBURY CLOSE Sold Prices

Land registry data shows three sales for 8 THORNBURY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 8 THORNBURY 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
2014 30 APR	£214,000	£188,308	14% above HPI
2009 22 JAN	£205,000	£180,032	14% above HPI
2003 13 JUN	£154,950	£118,292	31% above HPI

8 THORNBURY 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 three 8 THORNBURY CLOSE sales between June 2003 and April 2014 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 January 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2014 sale, which was also at 14% above the HPI.

What might 8 THORNBURY CLOSE be worth now?

8 THORNBURY CLOSE might now be worth an estimated £290,770.

This is based on house price inflation of 35.9%, between April 2014 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 35.9% inflationary increase is applied to the most recent sale price for 8 THORNBURY CLOSE of £214,000 on 30th April 2014. For the value to have increased from £214,000 to £290,770 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 THORNBURY CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2014 sale price of £214,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THORNBURY CLOSE has not materially changed since April 2014.

How Large is 8 THORNBURY CLOSE?

8 THORNBURY CLOSE is 121m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% 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 8 THORNBURY CLOSE lies on this distribution: 70% of detached houses houses are smaller than 8 THORNBURY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8 THORNBURY CLOSE: Plot and Title Map

8 THORNBURY CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 THORNBURY 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 THORNBURY 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 THORNBURY CLOSE?

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