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
49 CRANBOURNE DRIVE is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £178,801 in March 2017, which was around 3% below the average March 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 49 CRANBOURNE DRIVE since 1st 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. One of the three 49 CRANBOURNE DRIVE sales was for below the average price, whilst two 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 |
---|---|---|---|
2017 31 MAR | £178,801 | £183,964 | 3% below HPI |
2010 14 APR | £207,000 | £189,735 | 9% above HPI |
2005 24 MAR | £213,000 | £168,243 | 27% above HPI |
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 49 CRANBOURNE DRIVE sales between March 2005 and March 2017 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 April 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
49 CRANBOURNE DRIVE is 114m² according to the EPC inspection conducted in June 2009. This puts it in the largest 50% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 49 CRANBOURNE DRIVE lies on this distribution: 60% of detached houses are smaller than 49 CRANBOURNE DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Redcar.
49 CRANBOURNE DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 49 CRANBOURNE 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 49 CRANBOURNE 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.
49 CRANBOURNE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 49 on CRANBOURNE DRIVE.