26, CORMORANT DRIVE, REDCAR, TS10 2QD - £240,000

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

26 CORMORANT DRIVE is a large detached house of 131m², built sometime between 1976 and 1982. It was last sold for £240,000 in July 2004, which was around 54% above the average July 2004 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

26 CORMORANT DRIVE Sold Prices

Land registry data shows two sales for 26 CORMORANT 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 26 CORMORANT 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
2004 27 JUL	£240,000	£156,286	54% above HPI
2003 27 AUG	£185,000	£119,717	55% above HPI

26 CORMORANT 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 26 CORMORANT DRIVE sales from August 2003 and July 2004 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 2003 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2004 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 26 CORMORANT DRIVE?

26 CORMORANT DRIVE is 131m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 26 CORMORANT DRIVE lies on this distribution: 80% of detached houses are smaller than 26 CORMORANT DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Redcar.

26 CORMORANT DRIVE: Plot and Title Map

26 CORMORANT DRIVE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 26 CORMORANT 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 26 CORMORANT 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 26 CORMORANT DRIVE?

26 CORMORANT DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 26 on CORMORANT DRIVE.