1, CLEVELAND PLACE, GUISBOROUGH, TS14 7AG - £275,000

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.

1 CLEVELAND PLACE is a very large extended detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £347,178. It was last sold for £275,000 in November 2020, which was around 36% above the average November 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was D.

1 CLEVELAND PLACE Sold Prices

Land registry data shows two sales for 1 CLEVELAND PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 1 CLEVELAND PLACE 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
2020 12 NOV	£275,000	£202,668	36% above HPI
1998 30 OCT	£115,000	£77,326	49% above HPI

1 CLEVELAND PLACE 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 two 1 CLEVELAND PLACE sales from October 1998 and November 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 October 1998 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 1 CLEVELAND PLACE be worth now?

1 CLEVELAND PLACE might now be worth an estimated £347,178.

This is based on house price inflation of 26.2%, between November 2020 and February 2025, for detached 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 26.2% inflationary increase is applied to the most recent sale price for 1 CLEVELAND PLACE of £275,000 on 12th November 2020. For the value to have increased from £275,000 to £347,178 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 CLEVELAND PLACE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The November 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CLEVELAND PLACE has not materially changed since November 2020.

How Large is 1 CLEVELAND PLACE?

1 CLEVELAND PLACE is 147m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guisborough, and where 1 CLEVELAND PLACE lies on this distribution: 84% of detached houses houses are smaller than 1 CLEVELAND PLACE, and 16% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

1 CLEVELAND PLACE: Plot and Title Map

1 CLEVELAND PLACE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 1 CLEVELAND PLACE, 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 1 CLEVELAND PLACE). 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 1 CLEVELAND PLACE?

1 CLEVELAND PLACE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 1 on CLEVELAND PLACE.