5, LUCIA LANE, GUISBOROUGH, TS14 8BY - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 LUCIA LANE is a very large detached house of 155m², built sometime between 1950 and 1966. It was last sold for £360,000 in September 2021, which was around 65% above the average September 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

5 LUCIA LANE Sold Prices

Land registry data shows three sales for 5 LUCIA LANE 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 LUCIA LANE 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 28 SEP	£360,000	£218,759	65% above HPI
2008 14 JUL	£240,000	£196,550	22% above HPI
2002 20 SEP	£135,000	£103,623	30% above HPI

5 LUCIA LANE 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 LUCIA LANE sales between September 2002 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 July 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2021 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 5 LUCIA LANE?

5 LUCIA LANE is 155m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 5 LUCIA LANE lies on this distribution: 87% of detached houses are smaller than 5 LUCIA LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

5 LUCIA LANE: Plot and Title Map

5 LUCIA LANE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 5 LUCIA LANE, 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 LUCIA LANE). 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 LUCIA LANE?

5 LUCIA LANE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 5 on LUCIA LANE.