51, PROVIDENCE DRIVE, GUISBOROUGH, TS14 7NP - £31,250

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.

51 PROVIDENCE DRIVE is a very small terraced house of 78m², which could now be worth an estimated £42,896. It was last sold for £31,250 in May 2018, which was around 63% below the average May 2018 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was A, and the potential energy rating was A.

51 PROVIDENCE DRIVE Sold Prices

Land registry data shows two sales for 51 PROVIDENCE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 51 PROVIDENCE DRIVE sales were 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
2018 31 MAY	£31,250	£83,470	63% below HPI
2015 17 DEC	£76,640	£82,236	7% below HPI

51 PROVIDENCE DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 51 PROVIDENCE DRIVE sales from December 2015 and May 2018 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 December 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2018 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 51 PROVIDENCE DRIVE be worth now?

51 PROVIDENCE DRIVE might now be worth an estimated £42,896.

This is based on house price inflation of 37.3%, between May 2018 and June 2025, for terraced 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 37.3% inflationary increase is applied to the most recent sale price for 51 PROVIDENCE DRIVE of £31,250 on 31st May 2018. For the value to have increased from £31,250 to £42,896 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 51 PROVIDENCE DRIVE has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The May 2018 sale price of £31,250 represented a fair market value for the property.
• The size, condition, and specification of 51 PROVIDENCE DRIVE has not materially changed since May 2018.

How Large is 51 PROVIDENCE DRIVE?

51 PROVIDENCE DRIVE is 78m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of terraced houses houses in Guisborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Guisborough, and where 51 PROVIDENCE DRIVE lies on this distribution: 8% of terraced houses houses are smaller than 51 PROVIDENCE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

51 PROVIDENCE DRIVE: Plot and Title Map

51 PROVIDENCE DRIVE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 51 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 51 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.

Where is 51 PROVIDENCE DRIVE?

51 PROVIDENCE DRIVE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 51 on PROVIDENCE DRIVE.