Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38 FOUNDRY WAY is a midsized detached house of 112m². It was last sold for £220,000 in February 2021, which was around 3% above the average February 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 38 FOUNDRY WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 38 FOUNDRY WAY 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 |
---|---|---|---|
2021 8 FEB | £220,000 | £213,913 | 3% above HPI |
2017 30 OCT | £200,495 | £191,865 | 4% above HPI |
The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 38 FOUNDRY WAY sales from October 2017 and February 2021 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 October 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
38 FOUNDRY WAY is 112m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 50% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 38 FOUNDRY WAY lies on this distribution: 42% of detached houses are smaller than 38 FOUNDRY WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Guisborough.
38 FOUNDRY WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 38 FOUNDRY WAY, 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 38 FOUNDRY WAY). 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.
38 FOUNDRY WAY is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 38 on FOUNDRY WAY.