5, SWANAGE DRIVE, REDCAR, TS10 2RH - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SWANAGE DRIVE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £163,685. It was last sold for £120,000 in September 2019, which was around 6% above the average September 2019 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

5 SWANAGE DRIVE Sold Prices

Land registry data shows five sales for 5 SWANAGE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 5 SWANAGE 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
2019 26 SEP	£120,000	£113,221	6% above HPI
2019 25 SEP	£120,000	£113,221	6% above HPI
2003 27 JUN	£79,000	£68,905	15% above HPI
1998 30 OCT	£51,200	£43,942	17% above HPI
1996 26 JUN	£49,995	£41,590	20% above HPI

5 SWANAGE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The five 5 SWANAGE DRIVE sales between June 1996 and September 2019 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 September 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2019 sale, which was also at 6% above the HPI.

What might 5 SWANAGE DRIVE be worth now?

5 SWANAGE DRIVE might now be worth an estimated £163,685.

This is based on house price inflation of 36.4%, between September 2019 and February 2025, for semi-detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.4% inflationary increase is applied to the most recent sale price for 5 SWANAGE DRIVE of £120,000 on 26th September 2019. For the value to have increased from £120,000 to £163,685 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 SWANAGE DRIVE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The September 2019 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SWANAGE DRIVE has not materially changed since September 2019.

How Large is 5 SWANAGE DRIVE?

5 SWANAGE DRIVE is 56m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of semi-detached houses houses in Redcar, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redcar, and where 5 SWANAGE DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 5 SWANAGE DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redcar.

5 SWANAGE DRIVE: Plot and Title Map

5 SWANAGE DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 5 SWANAGE 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 SWANAGE 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 SWANAGE DRIVE?

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