58, CRANBOURNE DRIVE, REDCAR, TS10 2SP - £175,000

58 CRANBOURNE DRIVE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £175,000 in July 2020, which was around 7% below the average July 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

58 CRANBOURNE DRIVE Sold Prices

Land registry data shows three sales for 58 CRANBOURNE DRIVE since 1^st 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 58 CRANBOURNE 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
2020 31 JUL	£175,000	£188,915	7% below HPI
2014 22 APR	£166,000	£188,682	12% below HPI
2005 30 SEP	£170,000	£176,275	4% below HPI

58 CRANBOURNE DRIVE Price Paid vs. HPI Average

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 58 CRANBOURNE DRIVE sales between September 2005 and July 2020 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 April 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 58 CRANBOURNE DRIVE?

58 CRANBOURNE DRIVE is 80m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Redcar, based on EPC data. The below chart shows the distribution of detached houses by size in Redcar, and where 58 CRANBOURNE DRIVE lies on this distribution: 17% of detached houses are smaller than 58 CRANBOURNE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Redcar.

58 CRANBOURNE DRIVE: Plot and Title Map

58 CRANBOURNE DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 58 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 58 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.

Where is 58 CRANBOURNE DRIVE?

58 CRANBOURNE DRIVE is located in REDCAR, in the TS10 postcode district. The below map shows the position of No. 58 on CRANBOURNE DRIVE.