1 THE DRIVE is a large detached house of 129m², built sometime between 1950 and 1966. It was last sold for £292,000 in November 2015, which was around 56% above the average November 2015 detached price in the Middlesbrough local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 THE DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Two of the three 1 THE DRIVE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2015 13 NOV | £292,000 | £187,614 | 56% above HPI |
2001 7 AUG | £46,438 | £84,600 | 45% below HPI |
1997 28 AUG | £110,000 | £77,194 | 42% above HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The three 1 THE DRIVE sales between August 1997 and November 2015 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 August 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
1 THE DRIVE is 129m² according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Stainton, based on EPC data. The below chart shows the distribution of detached houses by size in Stainton, and where 1 THE DRIVE lies on this distribution: 69% of detached houses are smaller than 1 THE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stainton.
1 THE DRIVE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of 1 THE DRIVE, 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 1 THE DRIVE). 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.
1 THE DRIVE is located in STAINTON, in the TS8 postcode district. The below map shows the position of No. 1 on THE DRIVE.