2, PROVIDENCE DRIVE, GUISBOROUGH, TS14 7NP - £255,000

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 PROVIDENCE DRIVE is a large detached house of 126m². It was last sold for £255,000 in March 2021, which was around 19% above the average March 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

2 PROVIDENCE DRIVE Sold Prices

Land registry data shows two sales for 2 PROVIDENCE 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. Both of the two 2 PROVIDENCE 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
2021 4 MAR	£255,000	£214,032	19% above HPI
2015 24 JUL	£260,995	£184,145	42% above HPI

2 PROVIDENCE 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 PROVIDENCE DRIVE sales from July 2015 and March 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 July 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 PROVIDENCE DRIVE?

2 PROVIDENCE DRIVE is 126m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 PROVIDENCE DRIVE lies on this distribution: 61% of detached houses are smaller than 2 PROVIDENCE DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

2 PROVIDENCE DRIVE: Plot and Title Map

2 PROVIDENCE DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 PROVIDENCE 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 PROVIDENCE 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 PROVIDENCE DRIVE?

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