1, BOULBY DRIVE, LOFTUS, SALTBURN-BY-THE-SEA, TS13 4JN - £135,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BOULBY DRIVE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £135,000 in March 2020, which was around 30% below the average March 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

1 BOULBY DRIVE Sold Prices

Land registry data shows three sales for 1 BOULBY DRIVE 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 1 BOULBY DRIVE 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
2020 20 MAR	£135,000	£194,230	30% below HPI
2012 25 MAY	£94,000	£177,038	47% below HPI
2004 2 APR	£130,000	£141,441	8% below HPI

1 BOULBY DRIVE 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 1 BOULBY DRIVE sales between April 2004 and March 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 May 2012 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 BOULBY DRIVE?

1 BOULBY DRIVE is 62m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Loftus, based on EPC data. The below chart shows the distribution of detached houses by size in Loftus, and where 1 BOULBY DRIVE lies on this distribution: 5% of detached houses are smaller than 1 BOULBY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Loftus.

1 BOULBY DRIVE: Plot and Title Map

1 BOULBY DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 BOULBY 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 BOULBY 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.

Where is 1 BOULBY DRIVE?

1 BOULBY DRIVE is located in LOFTUS, in the TS13 postcode district. The below map shows the position of No. 1 on BOULBY DRIVE.