1A, CEDAR DRIVE, THORNTON, MIDDLESBROUGH, TS8 9BY - £263,000

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

1A CEDAR DRIVE is a very small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £263,000 in November 2015, which was around 40% above the average November 2015 detached price in the Middlesbrough local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

1A CEDAR DRIVE Sold Prices

Land registry data shows three sales for 1A CEDAR 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 Middlesbrough local authority area for the corresponding sale date. All of the three 1A CEDAR 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
2015 27 NOV	£263,000	£187,614	40% above HPI
2002 1 MAR	£137,500	£85,386	61% above HPI
1997 27 MAR	£78,000	£74,393	5% above HPI

1A CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The three 1A CEDAR DRIVE sales between March 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 March 2002 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the November 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 1A CEDAR DRIVE?

1A CEDAR DRIVE is 106m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 1A CEDAR DRIVE lies on this distribution: 12% of detached houses are smaller than 1A CEDAR DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thornton.

1A CEDAR DRIVE: Plot and Title Map

1A CEDAR DRIVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 1A CEDAR 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 1A CEDAR 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 1A CEDAR DRIVE?

1A CEDAR DRIVE is located in THORNTON, in the TS8 postcode district. The below map shows the position of No. 1A on CEDAR DRIVE.