9, HERNE CLOSE, REDCAR, TS10 2TF - £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.

9 HERNE CLOSE is a large extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £336,125. It was last sold for £245,000 in January 2020, which was around 29% above the average January 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

9 HERNE CLOSE Sold Prices

Land registry data shows three sales for 9 HERNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 9 HERNE 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
2020 31 JAN	£245,000	£189,867	29% above HPI
2011 4 FEB	£225,000	£185,519	21% above HPI
2001 17 AUG	£110,995	£89,615	24% above HPI

9 HERNE 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 three 9 HERNE CLOSE sales between August 2001 and January 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 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 9 HERNE CLOSE be worth now?

9 HERNE CLOSE might now be worth an estimated £336,125.

This is based on house price inflation of 37.2%, between January 2020 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 37.2% inflationary increase is applied to the most recent sale price for 9 HERNE CLOSE of £245,000 on 31st January 2020. For the value to have increased from £245,000 to £336,125 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 9 HERNE CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The January 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HERNE CLOSE has not materially changed since January 2020.

How Large is 9 HERNE CLOSE?

9 HERNE CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 9 HERNE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 9 HERNE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Redcar.

9 HERNE CLOSE: Plot and Title Map

9 HERNE CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 9 HERNE 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 HERNE 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 HERNE CLOSE?

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