2, NEEDLES CLOSE, REDCAR, TS10 4SJ - £128,500

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.

2 NEEDLES CLOSE is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £179,456. It was last sold for £128,500 in April 2016, which was around 31% below the average April 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

2 NEEDLES CLOSE Sold Prices

Land registry data shows one sale for 2 NEEDLES CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 1 APR	£128,500	£186,071	31% below HPI

What might 2 NEEDLES CLOSE be worth now?

2 NEEDLES CLOSE might now be worth an estimated £179,456.

This is based on house price inflation of 39.7%, between April 2016 and May 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 39.7% inflationary increase is applied to the most recent sale price for 2 NEEDLES CLOSE of £128,500 on 1st April 2016. For the value to have increased from £128,500 to £179,456 over the nine years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 NEEDLES CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2016 sale price of £128,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NEEDLES CLOSE has not materially changed since April 2016.

How Large is 2 NEEDLES CLOSE?

2 NEEDLES CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 2 NEEDLES CLOSE lies on this distribution: 37% of detached houses are smaller than 2 NEEDLES CLOSE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Redcar.

2 NEEDLES CLOSE: Plot

2 NEEDLES CLOSE sits on a plot of roughly 0.092 of an acre, or 373m².

Where is 2 NEEDLES CLOSE?

2 NEEDLES CLOSE is located in REDCAR, in the TS10 postcode district.