45, SEVERN DRIVE, GUISBOROUGH, TS14 8AT - £349,000

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

45 SEVERN DRIVE is a midsized detached house of 113m², built sometime between 1967 and 1975. It was last sold for £349,000 in June 2021, which was around 60% above the average June 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

45 SEVERN DRIVE Sold Prices

Land registry data shows three sales for 45 SEVERN 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 Redcar and Cleveland local authority area for the corresponding sale date. All of the three 45 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 29 JUN	£349,000	£218,342	60% above HPI
2009 5 JUN	£280,000	£177,343	58% above HPI
2007 30 MAR	£210,000	£194,738	8% above HPI

45 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 three 45 SEVERN DRIVE sales between March 2007 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 June 2009 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 45 SEVERN DRIVE?

45 SEVERN DRIVE is 113m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 45 SEVERN DRIVE lies on this distribution: 45% of detached houses are smaller than 45 SEVERN DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

45 SEVERN DRIVE: Plot and Title Map

45 SEVERN DRIVE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 45 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 45 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 45 SEVERN DRIVE?

45 SEVERN DRIVE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 45 on SEVERN DRIVE.