Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
14 GYPSY LANE is a very large extended detached house of 300m², built sometime between 1950 and 1966. It was last sold for £720,000 in May 2023, which was around 197% above the average May 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 14 GYPSY LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 14 GYPSY LANE 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 |
---|---|---|---|
2023 24 MAY | £720,000 | £242,238 | 197% above HPI |
2008 14 NOV | £499,999 | £183,927 | 172% above HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 14 GYPSY LANE sales from November 2008 and May 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 November 2008 sale was for 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the May 2023 sale, where it rises to 197% above the HPI. The line then continues to track at 197% above the HPI.
14 GYPSY LANE is 300m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 14 GYPSY LANE lies on this distribution: 99% of detached houses are smaller than 14 GYPSY LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
14 GYPSY LANE sits on a plot of roughly 0.310 of an acre, or 1,255m². The below map shows the location of 14 GYPSY LANE, 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 14 GYPSY LANE). 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.
14 GYPSY LANE is located in NUNTHORPE, in the TS7 postcode district. The below map shows the position of No. 14 on GYPSY LANE.