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
59 GYPSY LANE is a very large detached house of 348m², built sometime between 1950 and 1966. It was last sold for £345,000 in April 2021, which was around 58% above the average April 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 59 GYPSY LANE 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 59 GYPSY LANE sales were for above the average price, whilst one 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 |
---|---|---|---|
2021 16 APR | £345,000 | £218,264 | 58% above HPI |
2018 9 MAR | £125,000 | £186,157 | 33% below HPI |
2014 4 FEB | £250,000 | £177,566 | 41% above 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 59 GYPSY LANE sales between February 2014 and April 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 March 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.
59 GYPSY LANE is 348m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 59 GYPSY LANE lies on this distribution: More than 99% of detached houses are smaller than 59 GYPSY LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
59 GYPSY LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 59 GYPSY 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 59 GYPSY 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.
59 GYPSY LANE is located in NUNTHORPE, in the TS7 postcode district. The below map shows the position of No. 59 on GYPSY LANE.