62, WESTGATE, GUISBOROUGH, TS14 6AY - £242,000

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

62 WESTGATE is a large extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £242,000 in May 2018, which was around 29% above the average May 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

62 WESTGATE Sold Prices

Land registry data shows four sales for 62 WESTGATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Most of the four 62 WESTGATE 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
2018 11 MAY	£242,000	£187,943	29% above HPI
2011 18 MAY	£198,926	£179,669	11% above HPI
2001 25 MAY	£92,500	£84,826	9% above HPI
1997 10 NOV	£63,000	£75,268	16% below HPI

62 WESTGATE 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 four 62 WESTGATE sales between November 1997 and May 2018 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 May 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2018 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 62 WESTGATE?

62 WESTGATE is 126m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 62 WESTGATE lies on this distribution: 61% of detached houses are smaller than 62 WESTGATE, and 37% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

62 WESTGATE: Plot and Title Map

62 WESTGATE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 62 WESTGATE, 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 62 WESTGATE). 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 62 WESTGATE?

62 WESTGATE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 62 on WESTGATE.