43, SWANAGE DRIVE, REDCAR, TS10 2RH - £119,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

43 SWANAGE DRIVE is a very small semi-detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £165,197. It was last sold for £119,000 in August 2016, which was around 7% above the average August 2016 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

43 SWANAGE DRIVE Sold Prices

Land registry data shows five sales for 43 SWANAGE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The five 43 SWANAGE DRIVE sales were a mix of above the average price, and roughly equal to 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
2016 12 AUG	£119,000	£111,250	7% above HPI
2014 28 MAR	£117,000	£108,897	7% above HPI
2010 26 FEB	£114,000	£114,341	Close to HPI
1999 27 AUG	£48,500	£45,763	6% above HPI
1997 7 MAR	£49,950	£42,219	18% above HPI

43 SWANAGE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The five 43 SWANAGE DRIVE sales between March 1997 and August 2016 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 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2016 sale, which was also at 7% above the HPI.

What might 43 SWANAGE DRIVE be worth now?

43 SWANAGE DRIVE might now be worth an estimated £165,197.

This is based on house price inflation of 38.8%, between August 2016 and February 2025, for semi-detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.8% inflationary increase is applied to the most recent sale price for 43 SWANAGE DRIVE of £119,000 on 12th August 2016. For the value to have increased from £119,000 to £165,197 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 43 SWANAGE DRIVE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2016 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 43 SWANAGE DRIVE has not materially changed since August 2016.

How Large is 43 SWANAGE DRIVE?

43 SWANAGE DRIVE is 59m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 43 SWANAGE DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 43 SWANAGE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redcar.

43 SWANAGE DRIVE: Plot and Title Map

43 SWANAGE DRIVE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 43 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 43 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 43 SWANAGE DRIVE?

43 SWANAGE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 43 on SWANAGE DRIVE.