2, SCHOLARS GATE, GUISBOROUGH, TS14 8LT - £170,000

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.

2 SCHOLARS GATE is a very small terraced house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £243,736. It was last sold for £170,000 in July 2011, which was around 110% above the average July 2011 terraced price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 SCHOLARS GATE Sold Prices

Land registry data shows three sales for 2 SCHOLARS GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 2 SCHOLARS GATE 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
2011 11 JUL	£170,000	£80,873	110% above HPI
2004 24 SEP	£182,500	£73,351	149% above HPI
2002 29 NOV	£122,000	£41,029	197% above HPI

2 SCHOLARS GATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 2 SCHOLARS GATE sales between November 2002 and July 2011 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 September 2004 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the July 2011 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might 2 SCHOLARS GATE be worth now?

2 SCHOLARS GATE might now be worth an estimated £243,736.

This is based on house price inflation of 43.4%, between July 2011 and July 2025, for terraced 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 43.4% inflationary increase is applied to the most recent sale price for 2 SCHOLARS GATE of £170,000 on 11th July 2011. For the value to have increased from £170,000 to £243,736 over the fourteen years to July 2025, the following assumptions must hold true:

• The value of 2 SCHOLARS GATE has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The July 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SCHOLARS GATE has not materially changed since July 2011.

How Large is 2 SCHOLARS GATE?

2 SCHOLARS GATE is 84m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of terraced houses houses in Guisborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Guisborough, and where 2 SCHOLARS GATE lies on this distribution: 12% of terraced houses houses are smaller than 2 SCHOLARS GATE, and 88% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

2 SCHOLARS GATE: Plot and Title Map

2 SCHOLARS GATE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 SCHOLARS GATE, 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 2 SCHOLARS GATE). 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 2 SCHOLARS GATE?

2 SCHOLARS GATE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 2 on SCHOLARS GATE.