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
8 PROVIDENCE DRIVE is a large detached house of 126m². It was last sold for £319,950 in April 2024, which was around 28% above the average April 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 8 PROVIDENCE 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 8 PROVIDENCE 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 |
---|---|---|---|
2024 26 APR | £319,950 | £250,444 | 28% above HPI |
2021 23 FEB | £265,000 | £213,913 | 24% above HPI |
2015 11 SEP | £255,995 | £184,452 | 39% 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 8 PROVIDENCE DRIVE sales between September 2015 and April 2024 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 February 2021 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2024 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
8 PROVIDENCE DRIVE is 126m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 8 PROVIDENCE DRIVE lies on this distribution: 61% of detached houses are smaller than 8 PROVIDENCE DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Guisborough.
8 PROVIDENCE DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 PROVIDENCE 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 8 PROVIDENCE 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.
8 PROVIDENCE DRIVE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 8 on PROVIDENCE DRIVE.