8, LULWORTH CLOSE, REDCAR, TS10 2SN - £245,000

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.

8 LULWORTH CLOSE is a large extended detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £278,257. It was last sold for £245,000 in June 2021, which was around 12% above the average June 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

8 LULWORTH CLOSE Sold Prices

Land registry data shows four sales for 8 LULWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 8 LULWORTH 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
2021 25 JUN	£245,000	£217,910	12% above HPI
2010 26 FEB	£228,000	£187,195	22% above HPI
2007 12 JAN	£235,000	£196,409	20% above HPI
1999 30 NOV	£99,995	£80,122	25% above HPI

8 LULWORTH 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 four 8 LULWORTH CLOSE sales between November 1999 and June 2021 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 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 LULWORTH CLOSE be worth now?

8 LULWORTH CLOSE might now be worth an estimated £278,257.

This is based on house price inflation of 13.6%, between June 2021 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 13.6% inflationary increase is applied to the most recent sale price for 8 LULWORTH CLOSE of £245,000 on 25th June 2021. For the value to have increased from £245,000 to £278,257 over the four years to June 2025, the following assumptions must hold true:

• The value of 8 LULWORTH CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LULWORTH CLOSE has not materially changed since June 2021.

How Large is 8 LULWORTH CLOSE?

8 LULWORTH CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% 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 8 LULWORTH CLOSE lies on this distribution: 71% of detached houses houses are smaller than 8 LULWORTH CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Redcar.

8 LULWORTH CLOSE: Plot and Title Map

8 LULWORTH CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 8 LULWORTH 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 8 LULWORTH 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 8 LULWORTH CLOSE?

8 LULWORTH CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 8 on LULWORTH CLOSE.