48, MEATH WAY, GUISBOROUGH, TS14 7PG - £135,000

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

48 MEATH WAY is a very small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £191,033. It was last sold for £135,000 in May 2016, which was around 20% above the average May 2016 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

48 MEATH WAY Sold Prices

Land registry data shows three sales for 48 MEATH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 48 MEATH 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
2016 3 MAY	£135,000	£112,722	20% above HPI
2004 27 AUG	£135,000	£97,565	38% above HPI
2003 12 MAY	£84,500	£65,020	30% above HPI

48 MEATH WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 48 MEATH WAY sales between May 2003 and May 2016 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 August 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2016 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 48 MEATH WAY be worth now?

48 MEATH WAY might now be worth an estimated £191,033.

This is based on house price inflation of 41.5%, between May 2016 and December 2024, for semi-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 41.5% inflationary increase is applied to the most recent sale price for 48 MEATH WAY of £135,000 on 3rd May 2016. For the value to have increased from £135,000 to £191,033 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 48 MEATH WAY has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The May 2016 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MEATH WAY has not materially changed since May 2016.

How Large is 48 MEATH WAY?

48 MEATH WAY is 84m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of semi-detached houses houses in Guisborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Guisborough, and where 48 MEATH WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 48 MEATH WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

48 MEATH WAY: Plot and Title Map

48 MEATH WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 48 MEATH 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 48 MEATH 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.

Where is 48 MEATH WAY?

48 MEATH WAY is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 48 on MEATH WAY.