16, CRANBOURNE DRIVE, REDCAR, TS10 2SP - £185,000

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

16 CRANBOURNE DRIVE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £185,000 in February 2021, which was around 14% below the average February 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

16 CRANBOURNE DRIVE Sold Prices

Land registry data shows four sales for 16 CRANBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 16 CRANBOURNE 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
2021 17 FEB	£185,000	£213,913	14% below HPI
2013 28 AUG	£165,000	£180,708	9% below HPI
2004 13 AUG	£160,000	£159,054	1% above HPI
2000 27 OCT	£79,995	£86,411	7% below HPI

16 CRANBOURNE 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 four 16 CRANBOURNE DRIVE sales between October 2000 and February 2021 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 CRANBOURNE DRIVE?

16 CRANBOURNE DRIVE is 81m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 16 CRANBOURNE DRIVE lies on this distribution: 17% of detached houses are smaller than 16 CRANBOURNE DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redcar.

16 CRANBOURNE DRIVE: Plot and Title Map

16 CRANBOURNE DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 16 CRANBOURNE 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 16 CRANBOURNE 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 16 CRANBOURNE DRIVE?

16 CRANBOURNE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 16 on CRANBOURNE DRIVE.