9, ABERCORN CLOSE, REDCAR, TS10 2TX - £226,000

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.

9 ABERCORN CLOSE is a small extended detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £239,943. It was last sold for £226,000 in October 2023, which was around 8% below the average October 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

9 ABERCORN CLOSE Sold Prices

Land registry data shows five sales for 9 ABERCORN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 9 ABERCORN 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
2023 6 OCT	£226,000	£245,349	8% below HPI
2009 11 DEC	£167,000	£187,192	11% below HPI
2008 4 AUG	£157,000	£194,291	19% below HPI
2003 24 OCT	£125,000	£131,395	5% below HPI
2002 22 NOV	£94,000	£105,356	11% below HPI

9 ABERCORN 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 five 9 ABERCORN CLOSE sales between November 2002 and October 2023 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 December 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 9 ABERCORN CLOSE be worth now?

9 ABERCORN CLOSE might now be worth an estimated £239,943.

This is based on house price inflation of 6.2%, between October 2023 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 6.2% inflationary increase is applied to the most recent sale price for 9 ABERCORN CLOSE of £226,000 on 6th October 2023. For the value to have increased from £226,000 to £239,943 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 9 ABERCORN CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2023 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ABERCORN CLOSE has not materially changed since October 2023.

How Large is 9 ABERCORN CLOSE?

9 ABERCORN CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% 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 9 ABERCORN CLOSE lies on this distribution: 35% of detached houses houses are smaller than 9 ABERCORN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redcar.

9 ABERCORN CLOSE: Plot and Title Map

9 ABERCORN CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 9 ABERCORN 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 9 ABERCORN 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 9 ABERCORN CLOSE?

9 ABERCORN CLOSE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 9 on ABERCORN CLOSE.