1, PRIORY CLOSE, GUISBOROUGH, TS14 6EL - £134,500

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 PRIORY CLOSE is a very small semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £140,374. It was last sold for £134,500 in July 2022, which was around 9% below the average July 2022 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

1 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 1 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 1 PRIORY 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
2022 13 JUL	£134,500	£147,975	9% below HPI
2019 18 JUL	£110,000	£116,025	5% below HPI

1 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 1 PRIORY CLOSE sales from July 2019 and July 2022 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 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 PRIORY CLOSE be worth now?

1 PRIORY CLOSE might now be worth an estimated £140,374.

This is based on house price inflation of 4.4%, between July 2022 and February 2025, for semi-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 4.4% inflationary increase is applied to the most recent sale price for 1 PRIORY CLOSE of £134,500 on 13th July 2022. For the value to have increased from £134,500 to £140,374 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 PRIORY CLOSE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The July 2022 sale price of £134,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PRIORY CLOSE has not materially changed since July 2022.

How Large is 1 PRIORY CLOSE?

1 PRIORY CLOSE is 86m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Guisborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Guisborough, and where 1 PRIORY CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 1 PRIORY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

1 PRIORY CLOSE: Plot and Title Map

1 PRIORY CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 1 PRIORY 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 PRIORY 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 PRIORY CLOSE?

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