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
32 GYPSY LANE is a small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £338,000 in May 2021, which was around 56% above the average May 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 32 GYPSY LANE since 1st 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. two of the four 32 GYPSY LANE sales were for above the average price, and four were 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 28 MAY | £338,000 | £216,686 | 56% above HPI |
2019 18 JAN | £163,000 | £183,885 | 11% below HPI |
2018 20 JUL | £160,000 | £193,611 | 17% below HPI |
2001 31 AUG | £93,000 | £89,793 | 4% above 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 four 32 GYPSY LANE sales between August 2001 and May 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 January 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
32 GYPSY LANE is 98m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 32 GYPSY LANE lies on this distribution: 33% of detached houses are smaller than 32 GYPSY LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
32 GYPSY LANE sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 32 GYPSY 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 32 GYPSY 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.
32 GYPSY LANE is located in NUNTHORPE, in the TS7 postcode district. The below map shows the position of No. 32 on GYPSY LANE.