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
53 SWANAGE DRIVE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £171,000 in November 2006, which was around 13% below the average November 2006 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 53 SWANAGE 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. Two of the three 53 SWANAGE DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2006 24 NOV | £171,000 | £196,077 | 13% below HPI |
2004 16 SEP | £170,000 | £165,008 | 3% above HPI |
1997 18 JUL | £74,950 | £76,871 | 2% below 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 53 SWANAGE DRIVE sales between July 1997 and November 2006 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
53 SWANAGE DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 53 SWANAGE DRIVE lies on this distribution: 32% of detached houses are smaller than 53 SWANAGE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redcar.
53 SWANAGE DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 53 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 53 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.
53 SWANAGE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 53 on SWANAGE DRIVE.