7, MILLSTONE CLOSE, REDCAR, TS10 2XB - £212,000

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.

7 MILLSTONE CLOSE is a very small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £282,198. It was last sold for £212,000 in November 2006, which was around 8% above the average November 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was B.

7 MILLSTONE CLOSE Sold Prices

Land registry data shows two sales for 7 MILLSTONE 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 7 MILLSTONE 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
2006 3 NOV	£212,000	£195,689	8% above HPI
2003 7 NOV	£163,000	£136,348	20% above HPI

7 MILLSTONE 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 7 MILLSTONE CLOSE sales from November 2003 and November 2006 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 November 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2006 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 MILLSTONE CLOSE be worth now?

7 MILLSTONE CLOSE might now be worth an estimated £282,198.

This is based on house price inflation of 33.1%, between November 2006 and April 2026, 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 33.1% inflationary increase is applied to the most recent sale price for 7 MILLSTONE CLOSE of £212,000 on 3rd November 2006. For the value to have increased from £212,000 to £282,198 over the twenty years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 MILLSTONE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2006 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLSTONE CLOSE has not materially changed since November 2006.

How Large is 7 MILLSTONE CLOSE?

7 MILLSTONE CLOSE is 84m² according to the EPC inspection conducted in June 2014. 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 7 MILLSTONE CLOSE lies on this distribution: 20% of detached houses houses are smaller than 7 MILLSTONE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redcar.

7 MILLSTONE CLOSE: Plot and Title Map

7 MILLSTONE CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 7 MILLSTONE 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 7 MILLSTONE 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 7 MILLSTONE CLOSE?

7 MILLSTONE CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 7 on MILLSTONE CLOSE.