2, LUCERNE DRIVE, GUISBOROUGH, TS14 8DZ - £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

2 LUCERNE DRIVE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £185,000 in November 2016, which was around 3% below the average November 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 LUCERNE DRIVE Sold Prices

Land registry data shows two sales for 2 LUCERNE 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 Redcar and Cleveland local authority area for the corresponding sale date. One of the two 2 LUCERNE DRIVE sales was for below the average price, whilst the other was 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
2016 15 NOV	£185,000	£190,314	3% below HPI
1998 18 AUG	£91,500	£79,408	15% above HPI

2 LUCERNE 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 two 2 LUCERNE DRIVE sales from August 1998 and November 2016 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 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 LUCERNE DRIVE?

2 LUCERNE DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 2 LUCERNE DRIVE lies on this distribution: 22% of detached houses are smaller than 2 LUCERNE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

2 LUCERNE DRIVE: Plot and Title Map

2 LUCERNE DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 2 LUCERNE 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 LUCERNE 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 2 LUCERNE DRIVE?

2 LUCERNE DRIVE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 2 on LUCERNE DRIVE.