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
23 LATIMER LANE is a large detached house of 128m², built sometime between 1950 and 1966. It was last sold for £360,000 in February 2024, which was around 47% above the average February 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 23 LATIMER LANE since 1st 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 23 LATIMER LANE sales was for above the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2024 28 FEB | £360,000 | £245,267 | 47% above HPI |
2021 16 JUL | £217,000 | £216,730 | Close to 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 two 23 LATIMER LANE sales from July 2021 and February 2024 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 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2024 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
23 LATIMER LANE is 128m² according to the EPC inspection conducted in September 2022. 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 23 LATIMER LANE lies on this distribution: 64% of detached houses are smaller than 23 LATIMER LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Guisborough.
23 LATIMER LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 23 LATIMER LANE, 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 23 LATIMER LANE). 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.
23 LATIMER LANE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 23 on LATIMER LANE.