5, CRANBOURNE DRIVE, REDCAR, TS10 2SP - £249,000

5 CRANBOURNE DRIVE is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £249,000 in January 2014, which was around 41% above the average January 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

5 CRANBOURNE DRIVE Sold Prices

Land registry data shows three sales for 5 CRANBOURNE 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 5 CRANBOURNE 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
2014 20 JAN	£249,000	£176,413	41% above HPI
2006 3 MAR	£217,500	£172,849	26% above HPI
2003 24 JAN	£165,000	£106,913	54% above HPI

5 CRANBOURNE 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 5 CRANBOURNE DRIVE sales between January 2003 and January 2014 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 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 5 CRANBOURNE DRIVE?

5 CRANBOURNE DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 5 CRANBOURNE DRIVE lies on this distribution: 79% of detached houses are smaller than 5 CRANBOURNE DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 CRANBOURNE DRIVE: Plot and Title Map

5 CRANBOURNE DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 5 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 5 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.

Where is 5 CRANBOURNE DRIVE?

5 CRANBOURNE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 5 on CRANBOURNE DRIVE.