1, GAINSBOROUGH CLOSE, MIDDLESBROUGH, TS6 0RU - £180,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 GAINSBOROUGH CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £180,000 in July 2020, which was around 5% below the average July 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

1 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows five sales for 1 GAINSBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 1 GAINSBOROUGH CLOSE 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	£180,000	£188,915	5% below HPI
2020 3 JUL	£185,000	£188,915	2% below HPI
2004 3 DEC	£145,500	£158,250	8% below HPI
2001 1 JUN	£83,000	£87,957	6% below HPI
2000 10 MAR	£77,000	£82,105	6% below HPI

1 GAINSBOROUGH CLOSE 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 five 1 GAINSBOROUGH CLOSE sales between March 2000 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 July 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 GAINSBOROUGH CLOSE?

1 GAINSBOROUGH CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Eston, based on EPC data. The below chart shows the distribution of detached houses by size in Eston, and where 1 GAINSBOROUGH CLOSE lies on this distribution: 65% of detached houses are smaller than 1 GAINSBOROUGH CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Eston.

1 GAINSBOROUGH CLOSE: Plot and Title Map

1 GAINSBOROUGH CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 GAINSBOROUGH CLOSE, 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 GAINSBOROUGH CLOSE). 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 GAINSBOROUGH CLOSE?

1 GAINSBOROUGH CLOSE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 1 on GAINSBOROUGH CLOSE.