58, RIEVAULX WAY, GUISBOROUGH, TS14 7AY - £130,000

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

58 RIEVAULX WAY is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £130,000 in March 2024, which was around 47% below the average March 2024 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

58 RIEVAULX WAY Sold Prices

Land registry data shows two sales for 58 RIEVAULX WAY 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 58 RIEVAULX WAY 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
2024 22 MAR	£130,000	£246,054	47% below HPI
2022 7 OCT	£125,000	£248,783	50% below HPI

58 RIEVAULX WAY 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 58 RIEVAULX WAY sales from October 2022 and March 2024 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 2022 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 58 RIEVAULX WAY?

58 RIEVAULX WAY is 67m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 58 RIEVAULX WAY lies on this distribution: 4% of detached houses are smaller than 58 RIEVAULX WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

58 RIEVAULX WAY: Plot and Title Map

58 RIEVAULX WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 58 RIEVAULX 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 58 RIEVAULX 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 58 RIEVAULX WAY?

58 RIEVAULX WAY is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 58 on RIEVAULX WAY.