2, WOODLANDS DRIVE, NORMANBY, MIDDLESBROUGH, TS6 0NW - £222,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOODLANDS DRIVE is a midsized detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £290,562. It was last sold for £222,000 in March 2020, which was around 15% above the average March 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

2 WOODLANDS DRIVE Sold Prices

Land registry data shows four sales for 2 WOODLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 2 WOODLANDS 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
2020 6 MAR	£222,000	£193,846	15% above HPI
2012 17 APR	£210,000	£175,985	19% above HPI
2006 17 MAY	£190,000	£176,257	8% above HPI
2000 17 AUG	£82,000	£83,313	2% below HPI

2 WOODLANDS 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 four 2 WOODLANDS DRIVE sales between August 2000 and March 2020 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 April 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 WOODLANDS DRIVE be worth now?

2 WOODLANDS DRIVE might now be worth an estimated £290,562.

This is based on house price inflation of 30.9%, between March 2020 and March 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 2 WOODLANDS DRIVE of £222,000 on 6th March 2020. For the value to have increased from £222,000 to £290,562 over the five years to March 2025, the following assumptions must hold true:

• The value of 2 WOODLANDS DRIVE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The March 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODLANDS DRIVE has not materially changed since March 2020.

How Large is 2 WOODLANDS DRIVE?

2 WOODLANDS DRIVE is 113m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses houses in Eston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eston, and where 2 WOODLANDS DRIVE lies on this distribution: 59% of detached houses houses are smaller than 2 WOODLANDS DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Eston.

2 WOODLANDS DRIVE: Plot and Title Map

2 WOODLANDS DRIVE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 2 WOODLANDS 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 WOODLANDS 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 WOODLANDS DRIVE?

2 WOODLANDS DRIVE is located in NORMANBY, in the TS6 postcode district. The below map shows the position of No. 2 on WOODLANDS DRIVE.