4, REDWOOD DRIVE, CLEETHORPES, DN35 0RN - £227,000

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

4 REDWOOD DRIVE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £227,000 in March 2021, which was around 7% above the average March 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

4 REDWOOD DRIVE Sold Prices

Land registry data shows three sales for 4 REDWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Two of the three 4 REDWOOD DRIVE sales were for above the average price, whilst one 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 26 MAR	£227,000	£211,616	7% above HPI
2006 28 JUL	£175,000	£166,047	5% above HPI
2001 29 JUN	£68,000	£76,603	11% below HPI

4 REDWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 4 REDWOOD DRIVE sales between June 2001 and March 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 July 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 4 REDWOOD DRIVE?

4 REDWOOD DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses by size in Cleethorpes, and where 4 REDWOOD DRIVE lies on this distribution: 69% of detached houses are smaller than 4 REDWOOD DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

4 REDWOOD DRIVE: Plot and Title Map

4 REDWOOD DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 4 REDWOOD 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 4 REDWOOD 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 4 REDWOOD DRIVE?

4 REDWOOD DRIVE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 4 on REDWOOD DRIVE.