1, TEES ROAD, GUISBOROUGH, TS14 8AP - £248,500

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 TEES ROAD is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £330,432. It was last sold for £248,500 in December 2019, which was around 29% above the average December 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

1 TEES ROAD Sold Prices

Land registry data shows three sales for 1 TEES ROAD 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 1 TEES ROAD 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
2019 20 DEC	£248,500	£192,419	29% above HPI
2014 27 JUN	£240,000	£182,727	31% above HPI
2010 29 SEP	£196,000	£184,898	6% above HPI

1 TEES ROAD 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 1 TEES ROAD sales between September 2010 and December 2019 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 June 2014 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 1 TEES ROAD be worth now?

1 TEES ROAD might now be worth an estimated £330,432.

This is based on house price inflation of 33%, between December 2019 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 33% inflationary increase is applied to the most recent sale price for 1 TEES ROAD of £248,500 on 20th December 2019. For the value to have increased from £248,500 to £330,432 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 TEES ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The December 2019 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 1 TEES ROAD has not materially changed since December 2019.

How Large is 1 TEES ROAD?

1 TEES ROAD is 84m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 TEES ROAD lies on this distribution: 12% of detached houses houses are smaller than 1 TEES ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

1 TEES ROAD: Plot and Title Map

1 TEES ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 TEES ROAD, 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 TEES ROAD). 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 TEES ROAD?

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