38, MONKTON RISE, GUISBOROUGH, TS14 6GF - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 MONKTON RISE is a very large extended detached house of 300m², built sometime between 1996 and 2002. It was last sold for £450,000 in December 2011, which was around 148% above the average December 2011 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

38 MONKTON RISE Sold Prices

Land registry data shows two sales for 38 MONKTON RISE since 1^st 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 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
2011 22 DEC	£450,000	£181,344	148% above HPI
2003 14 FEB	£290,000	£106,217	173% above HPI

38 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 two 38 MONKTON RISE sales from February 2003 and December 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 February 2003 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the December 2011 sale, where it falls to 148% above the HPI. The line then continues to track at 148% above the HPI.

How Large is 38 MONKTON RISE?

38 MONKTON RISE is 300m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% 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 MONKTON RISE lies on this distribution: 99% of detached houses are smaller than 38 MONKTON RISE, and 1% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

38 MONKTON RISE: Plot and Title Map

38 MONKTON RISE sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of 38 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 38 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 38 MONKTON RISE?

38 MONKTON RISE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 38 on MONKTON RISE.