5, CHADDERTON CLOSE, BOOSBECK, SALTBURN-BY-THE-SEA, TS12 3BD - £175,000

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.

5 CHADDERTON CLOSE is a very large detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £214,923. It was last sold for £175,000 in October 2020, which was around 14% below the average October 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

5 CHADDERTON CLOSE Sold Prices

Land registry data shows two sales for 5 CHADDERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 5 CHADDERTON 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
2020 13 OCT	£175,000	£203,470	14% below HPI
2015 6 FEB	£147,500	£185,029	20% below HPI

5 CHADDERTON 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 two 5 CHADDERTON CLOSE sales from February 2015 and October 2020 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 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 CHADDERTON CLOSE be worth now?

5 CHADDERTON CLOSE might now be worth an estimated £214,923.

This is based on house price inflation of 22.8%, between October 2020 and October 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 22.8% inflationary increase is applied to the most recent sale price for 5 CHADDERTON CLOSE of £175,000 on 13th October 2020. For the value to have increased from £175,000 to £214,923 over the five years to October 2025, the following assumptions must hold true:

• The value of 5 CHADDERTON CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHADDERTON CLOSE has not materially changed since October 2020.

How Large is 5 CHADDERTON CLOSE?

5 CHADDERTON CLOSE is 151m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Boosbeck, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boosbeck, and where 5 CHADDERTON CLOSE lies on this distribution: 89% of detached houses houses are smaller than 5 CHADDERTON CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Boosbeck.

5 CHADDERTON CLOSE: Plot and Title Map

5 CHADDERTON CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 5 CHADDERTON 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 5 CHADDERTON 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 5 CHADDERTON CLOSE?

5 CHADDERTON CLOSE is located in BOOSBECK, in the TS12 postcode district. The below map shows the position of No. 5 on CHADDERTON CLOSE.