9, ROMNEY CLOSE, REDCAR, TS10 2JT - £225,000

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.

9 ROMNEY CLOSE is a small extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £237,508. It was last sold for £225,000 in February 2024, which was around 7% below the average February 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

9 ROMNEY CLOSE Sold Prices

Land registry data shows six sales for 9 ROMNEY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the six 9 ROMNEY 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
2024 2 FEB	£225,000	£242,386	7% below HPI
2013 31 OCT	£160,000	£177,684	10% below HPI
2005 16 SEP	£151,000	£175,926	14% below HPI
2001 27 APR	£74,950	£85,528	12% below HPI
2001 25 APR	£77,000	£85,528	10% below HPI
1997 20 JUN	£65,500	£74,984	13% below HPI

9 ROMNEY 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 six 9 ROMNEY CLOSE sales between June 1997 and February 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 October 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 9 ROMNEY CLOSE be worth now?

9 ROMNEY CLOSE might now be worth an estimated £237,508.

This is based on house price inflation of 5.6%, between February 2024 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 5.6% inflationary increase is applied to the most recent sale price for 9 ROMNEY CLOSE of £225,000 on 2nd February 2024. For the value to have increased from £225,000 to £237,508 over the one year to February 2025, the following assumptions must hold true:

• The value of 9 ROMNEY CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2024 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ROMNEY CLOSE has not materially changed since February 2024.

How Large is 9 ROMNEY CLOSE?

9 ROMNEY CLOSE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% 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 9 ROMNEY CLOSE lies on this distribution: 40% of detached houses houses are smaller than 9 ROMNEY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redcar.

9 ROMNEY CLOSE: Plot and Title Map

9 ROMNEY CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 9 ROMNEY 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 9 ROMNEY 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 9 ROMNEY CLOSE?

9 ROMNEY CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 9 on ROMNEY CLOSE.