4, RAVEN CLOSE, GUISBOROUGH, TS14 8HU - £190,000

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

4 RAVEN CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £190,000 in March 2021, which was around 11% below the average March 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

4 RAVEN CLOSE Sold Prices

Land registry data shows two sales for 4 RAVEN CLOSE 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 4 RAVEN CLOSE sales were for below 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 22 MAR	£190,000	£214,032	11% below HPI
2017 25 JAN	£178,000	£183,609	3% below HPI

4 RAVEN 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 two 4 RAVEN CLOSE sales from January 2017 and March 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 January 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 4 RAVEN CLOSE?

4 RAVEN CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 4 RAVEN CLOSE lies on this distribution: 29% of detached houses are smaller than 4 RAVEN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

4 RAVEN CLOSE: Plot and Title Map

4 RAVEN CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 RAVEN 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 RAVEN 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 RAVEN CLOSE?

4 RAVEN CLOSE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 4 on RAVEN CLOSE.