12, SHOREHAM CLOSE, REDCAR, TS10 2RD - £118,000

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.

12 SHOREHAM CLOSE is a very small extended semi-detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £171,942. It was last sold for £118,000 in January 2019, which was around 7% above the average January 2019 semi-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.

12 SHOREHAM CLOSE Sold Prices

Land registry data shows six sales for 12 SHOREHAM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the six 12 SHOREHAM 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
2019 22 JAN	£118,000	£110,040	7% above HPI
2012 24 FEB	£125,000	£106,021	18% above HPI
2009 6 APR	£124,000	£110,050	13% above HPI
2006 15 SEP	£125,000	£114,439	9% above HPI
1998 25 SEP	£51,000	£44,203	15% above HPI
1996 8 OCT	£49,000	£43,135	14% above HPI

12 SHOREHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The six 12 SHOREHAM CLOSE sales between October 1996 and January 2019 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 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 SHOREHAM CLOSE be worth now?

12 SHOREHAM CLOSE might now be worth an estimated £171,942.

This is based on house price inflation of 45.7%, between January 2019 and May 2026, for semi-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 45.7% inflationary increase is applied to the most recent sale price for 12 SHOREHAM CLOSE of £118,000 on 22nd January 2019. For the value to have increased from £118,000 to £171,942 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 12 SHOREHAM CLOSE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The January 2019 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SHOREHAM CLOSE has not materially changed since January 2019.

How Large is 12 SHOREHAM CLOSE?

12 SHOREHAM CLOSE is 57m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 12 SHOREHAM CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 12 SHOREHAM CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redcar.

12 SHOREHAM CLOSE: Plot and Title Map

12 SHOREHAM CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 12 SHOREHAM 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 SHOREHAM 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 SHOREHAM CLOSE?

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