43, SEVERN DRIVE, GUISBOROUGH, TS14 8AT - £290,000

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

43 SEVERN DRIVE is a very small detached house of 34m², built sometime between 1950 and 1966. It was last sold for £290,000 in September 2021, which was around 33% above the average September 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

43 SEVERN DRIVE Sold Prices

Land registry data shows four sales for 43 SEVERN DRIVE since 1^st 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. All of the four 43 SEVERN 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
2021 17 SEP	£290,000	£218,759	33% above HPI
2015 21 OCT	£280,000	£179,912	56% above HPI
2012 16 MAR	£240,000	£174,145	38% above HPI
2004 24 SEP	£230,000	£165,008	39% above HPI

43 SEVERN 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 four 43 SEVERN DRIVE sales between September 2004 and September 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 October 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 43 SEVERN DRIVE?

43 SEVERN DRIVE is 34m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 43 SEVERN DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 43 SEVERN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

43 SEVERN DRIVE: Plot and Title Map

43 SEVERN DRIVE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 43 SEVERN 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 43 SEVERN 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 43 SEVERN DRIVE?

43 SEVERN DRIVE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 43 on SEVERN DRIVE.