12, FINCHDALE CLOSE, REDCAR, TS10 2SY - £179,500

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.

12 FINCHDALE CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £237,063. It was last sold for £179,500 in December 2016, which was around 4% below the average December 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

12 FINCHDALE CLOSE Sold Prices

Land registry data shows three sales for 12 FINCHDALE 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 12 FINCHDALE 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
2016 21 DEC	£179,500	£187,395	4% below HPI
2011 12 AUG	£162,000	£178,834	9% below HPI
2002 12 JUL	£89,950	£94,092	4% below HPI

12 FINCHDALE 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 12 FINCHDALE CLOSE sales between July 2002 and December 2016 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 August 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 FINCHDALE CLOSE be worth now?

12 FINCHDALE CLOSE might now be worth an estimated £237,063.

This is based on house price inflation of 32.1%, between December 2016 and June 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 32.1% inflationary increase is applied to the most recent sale price for 12 FINCHDALE CLOSE of £179,500 on 21st December 2016. For the value to have increased from £179,500 to £237,063 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 12 FINCHDALE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The December 2016 sale price of £179,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FINCHDALE CLOSE has not materially changed since December 2016.

How Large is 12 FINCHDALE CLOSE?

12 FINCHDALE CLOSE is 81m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% 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 12 FINCHDALE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 12 FINCHDALE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 FINCHDALE CLOSE: Plot and Title Map

12 FINCHDALE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 12 FINCHDALE 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 12 FINCHDALE 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 12 FINCHDALE CLOSE?

12 FINCHDALE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 12 on FINCHDALE CLOSE.