15, MONKTON RISE, GUISBOROUGH, TS14 6GF - £492,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MONKTON RISE is a very large extended detached house of 234m², built sometime between 1996 and 2002, which could now be worth an estimated £685,698. It was last sold for £492,500 in April 2010, which was around 160% above the average April 2010 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

15 MONKTON RISE Sold Prices

Land registry data shows three sales for 15 MONKTON RISE 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 15 MONKTON RISE 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
2010 26 APR	£492,500	£189,360	160% above HPI
2006 13 DEC	£535,000	£197,970	170% above HPI
2003 25 APR	£350,000	£104,502	235% above HPI

15 MONKTON RISE 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 15 MONKTON RISE sales between April 2003 and April 2010 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 December 2006 sale was for 170% above the HPI. So the extrapolation line tracks at 170% above the HPI over time, until the April 2010 sale, where it falls to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might 15 MONKTON RISE be worth now?

15 MONKTON RISE might now be worth an estimated £685,698.

This is based on house price inflation of 39.2%, between April 2010 and December 2024, 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 39.2% inflationary increase is applied to the most recent sale price for 15 MONKTON RISE of £492,500 on 26th April 2010. For the value to have increased from £492,500 to £685,698 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 15 MONKTON RISE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2010 sale price of £492,500 represented a fair market value for the property.
• The size, condition, and specification of 15 MONKTON RISE has not materially changed since April 2010.

How Large is 15 MONKTON RISE?

15 MONKTON RISE is 234m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the largest 10% 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 15 MONKTON RISE lies on this distribution: 99% of detached houses houses are smaller than 15 MONKTON RISE, and 1% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

15 MONKTON RISE: Plot and Title Map

15 MONKTON RISE sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of 15 MONKTON RISE, 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 15 MONKTON RISE). 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 15 MONKTON RISE?

15 MONKTON RISE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 15 on MONKTON RISE.