34, SWANAGE DRIVE, REDCAR, TS10 2RH - £180,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

34 SWANAGE DRIVE is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £180,000 in June 2021, which was around 18% below the average June 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

34 SWANAGE DRIVE Sold Prices

Land registry data shows five sales for 34 SWANAGE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the five 34 SWANAGE DRIVE sales 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 14 JUN	£180,000	£218,342	18% below HPI
2015 2 MAR	£162,000	£184,086	12% below HPI
2011 15 APR	£159,950	£184,935	14% below HPI
2004 21 JUL	£137,000	£156,286	12% below HPI
1997 17 OCT	£79,950	£75,695	6% above HPI

34 SWANAGE 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 five 34 SWANAGE DRIVE sales between October 1997 and June 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 March 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 34 SWANAGE DRIVE?

34 SWANAGE DRIVE is 86m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 34 SWANAGE DRIVE lies on this distribution: 23% of detached houses are smaller than 34 SWANAGE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Redcar.

34 SWANAGE DRIVE: Plot and Title Map

34 SWANAGE DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 34 SWANAGE 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 34 SWANAGE 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 34 SWANAGE DRIVE?

34 SWANAGE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 34 on SWANAGE DRIVE.