1, FALCON WAY, GUISBOROUGH, TS14 8HJ - £180,000

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

1 FALCON WAY is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £180,000 in June 2016, which was around 4% below the average June 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

1 FALCON WAY Sold Prices

Land registry data shows two sales for 1 FALCON WAY 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. One of the two 1 FALCON WAY sales was for below the average price, whilst the other was 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 17 JUN	£180,000	£187,886	4% below HPI
2016 1 APR	£195,000	£186,440	5% above HPI

1 FALCON WAY 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 FALCON WAY sales from April 2016 and June 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 April 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 FALCON WAY?

1 FALCON WAY is 111m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 1 FALCON WAY lies on this distribution: 41% of detached houses are smaller than 1 FALCON WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

1 FALCON WAY: Plot and Title Map

1 FALCON WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 FALCON WAY, 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 FALCON WAY). 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 FALCON WAY?

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