8, VIBURNUM CLOSE, REDCAR, TS10 2TZ - £415,000

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 VIBURNUM CLOSE is a very large extended detached house of 172m², built sometime between 2003 and 2006. It was last sold for £415,000 in June 2024, which was around 62% above the average June 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

8 VIBURNUM CLOSE Sold Prices

Land registry data shows five sales for 8 VIBURNUM CLOSE since 1^st 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 8 VIBURNUM 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
2024 10 JUN	£415,000	£256,679	62% above HPI
2017 24 FEB	£269,000	£184,807	46% above HPI
2010 19 FEB	£242,000	£187,567	29% above HPI
2005 14 OCT	£238,000	£172,515	38% above HPI
2003 11 APR	£160,500	£104,709	53% above HPI

8 VIBURNUM 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 five 8 VIBURNUM CLOSE sales between April 2003 and June 2024 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 February 2017 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2024 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 8 VIBURNUM CLOSE?

8 VIBURNUM CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% 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 VIBURNUM CLOSE lies on this distribution: 95% of detached houses are smaller than 8 VIBURNUM CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8 VIBURNUM CLOSE: Plot and Title Map

8 VIBURNUM CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 VIBURNUM 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 VIBURNUM 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 VIBURNUM CLOSE?

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