4, GAINSBOROUGH CLOSE, MIDDLESBROUGH, TS6 0RU - £182,000

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

4 GAINSBOROUGH CLOSE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £182,000 in April 2017, which was around 3% below the average April 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

4 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows three sales for 4 GAINSBOROUGH CLOSE 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. One of the three 4 GAINSBOROUGH CLOSE sales was for below the average price, whilst two 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
2017 13 APR	£182,000	£188,361	3% below HPI
2015 5 JUN	£195,000	£182,477	7% above HPI
2000 25 MAY	£86,950	£82,411	6% above HPI

4 GAINSBOROUGH CLOSE 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 4 GAINSBOROUGH CLOSE sales between May 2000 and April 2017 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 GAINSBOROUGH CLOSE be worth now?

4 GAINSBOROUGH CLOSE might now be worth an estimated £254,739.

This is based on house price inflation of 40%, between April 2017 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 40% inflationary increase is applied to the most recent sale price for 4 GAINSBOROUGH CLOSE of £182,000 on 13th April 2017. For the value to have increased from £182,000 to £254,739 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 4 GAINSBOROUGH CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2017 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GAINSBOROUGH CLOSE has not materially changed since April 2017.

How Large is 4 GAINSBOROUGH CLOSE?

4 GAINSBOROUGH CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Eston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eston, and where 4 GAINSBOROUGH CLOSE lies on this distribution: 56% of detached houses houses are smaller than 4 GAINSBOROUGH CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Eston.

4 GAINSBOROUGH CLOSE: Plot and Title Map

4 GAINSBOROUGH CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 4 GAINSBOROUGH CLOSE, 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 4 GAINSBOROUGH CLOSE). 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 4 GAINSBOROUGH CLOSE?

4 GAINSBOROUGH CLOSE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 4 on GAINSBOROUGH CLOSE.