5, RAVENDALE ROAD, CLEETHORPES, DN35 0HW - £175,000

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 RAVENDALE ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £175,000 in July 2015, which was about the average July 2015 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was A.

5 RAVENDALE ROAD Sold Prices

Land registry data shows two sales for 5 RAVENDALE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 5 RAVENDALE ROAD sales was roughly equal to the average price, whilst the other was for below 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
2015 15 JUL	£175,000	£175,235	Close to HPI
1995 9 AUG	£64,000	£65,891	3% below HPI

5 RAVENDALE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The two 5 RAVENDALE ROAD sales from August 1995 and July 2015 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 August 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 RAVENDALE ROAD?

5 RAVENDALE ROAD is 79m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Cleethorpes, based on EPC data. The below chart shows the distribution of detached houses by size in Cleethorpes, and where 5 RAVENDALE ROAD lies on this distribution: 17% of detached houses are smaller than 5 RAVENDALE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Cleethorpes.

5 RAVENDALE ROAD: Plot and Title Map

5 RAVENDALE ROAD sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 5 RAVENDALE ROAD, 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 RAVENDALE ROAD). 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 RAVENDALE ROAD?

5 RAVENDALE ROAD is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 5 on RAVENDALE ROAD.