25, CEDAR DRIVE, THORNTON, MIDDLESBROUGH, TS8 9BY - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 CEDAR DRIVE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £255,000 in February 2021, which was around 20% above the average February 2021 detached price in the Middlesbrough local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

25 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 25 CEDAR 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 Middlesbrough local authority area for the corresponding sale date. One of the two 25 CEDAR DRIVE sales was for above the average price, whilst the other was 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
2021 18 FEB	£255,000	£211,882	20% above HPI
2015 1 DEC	£136,000	£190,746	29% below HPI

25 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 25 CEDAR DRIVE sales from December 2015 and February 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 December 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 25 CEDAR DRIVE?

25 CEDAR DRIVE is 58m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where 25 CEDAR DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 25 CEDAR DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thornton.

25 CEDAR DRIVE: Plot and Title Map

25 CEDAR DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 25 CEDAR 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 25 CEDAR 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 25 CEDAR DRIVE?

25 CEDAR DRIVE is located in THORNTON, in the TS8 postcode district. The below map shows the position of No. 25 on CEDAR DRIVE.