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
2 ILFRACOMBE DRIVE is a midsized detached house of 108m², built sometime from 2007 onwards. It was last sold for £170,000 in June 2019, which was around 12% below the average June 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 ILFRACOMBE DRIVE since 1st 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 2 ILFRACOMBE 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 |
---|---|---|---|
2019 21 JUN | £170,000 | £192,424 | 12% below HPI |
2015 13 MAR | £155,000 | £184,086 | 16% below HPI |
2007 16 JAN | £165,750 | £196,799 | 16% below 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 three 2 ILFRACOMBE DRIVE sales between January 2007 and June 2019 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 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 ILFRACOMBE DRIVE is 108m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 2 ILFRACOMBE DRIVE lies on this distribution: 53% of detached houses are smaller than 2 ILFRACOMBE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Redcar.
2 ILFRACOMBE DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 2 ILFRACOMBE 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 2 ILFRACOMBE 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.
2 ILFRACOMBE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 2 on ILFRACOMBE DRIVE.