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
63 CRANBOURNE DRIVE is a large extended detached house of 119m², built sometime between 2003 and 2006. It was last sold for £223,000 in May 2016, which was around 19% above the average May 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 63 CRANBOURNE 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. All of the three 63 CRANBOURNE 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 |
---|---|---|---|
2016 26 MAY | £223,000 | £186,967 | 19% above HPI |
2005 24 JUN | £200,000 | £169,659 | 18% above HPI |
2004 27 SEP | £166,000 | £165,008 | 1% 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 63 CRANBOURNE DRIVE sales between September 2004 and May 2016 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 June 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
63 CRANBOURNE DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 63 CRANBOURNE DRIVE lies on this distribution: 67% of detached houses are smaller than 63 CRANBOURNE DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Redcar.
63 CRANBOURNE DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 63 CRANBOURNE 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 63 CRANBOURNE 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.
63 CRANBOURNE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 63 on CRANBOURNE DRIVE.