16, REDWOOD DRIVE, CLEETHORPES, DN35 0RN - £208,000

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

16 REDWOOD DRIVE is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £208,000 in August 2009, which was around 28% above the average August 2009 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

16 REDWOOD DRIVE Sold Prices

Land registry data shows two sales for 16 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Both of the two 16 REDWOOD DRIVE 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
2009 27 AUG	£208,000	£163,130	28% above HPI
2000 1 SEP	£75,000	£72,892	3% above HPI

16 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 16 REDWOOD DRIVE sales from September 2000 and August 2009 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 September 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2009 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 16 REDWOOD DRIVE?

16 REDWOOD DRIVE is 102m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses by size in Cleethorpes, and where 16 REDWOOD DRIVE lies on this distribution: 47% of detached houses are smaller than 16 REDWOOD DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

16 REDWOOD DRIVE: Plot and Title Map

16 REDWOOD DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 16 REDWOOD 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 REDWOOD 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 REDWOOD DRIVE?

16 REDWOOD DRIVE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 16 on REDWOOD DRIVE.