7, SCHOLARS GATE, GUISBOROUGH, TS14 8LT - £185,000

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

7 SCHOLARS GATE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £185,000 in December 2022, which was around 25% below the average December 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

7 SCHOLARS GATE Sold Prices

Land registry data shows three sales for 7 SCHOLARS GATE 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. Two of the three 7 SCHOLARS GATE sales were for below the average price, whilst one was 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
2022 16 DEC	£185,000	£245,322	25% below HPI
2007 1 OCT	£190,000	£202,250	6% below HPI
2002 20 DEC	£138,500	£107,774	29% above HPI

7 SCHOLARS GATE 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 7 SCHOLARS GATE sales between December 2002 and December 2022 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 SCHOLARS GATE?

7 SCHOLARS GATE is 100m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 7 SCHOLARS GATE lies on this distribution: 26% of detached houses are smaller than 7 SCHOLARS GATE, and 73% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

7 SCHOLARS GATE: Plot and Title Map

7 SCHOLARS GATE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 7 SCHOLARS GATE, 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 7 SCHOLARS GATE). 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 7 SCHOLARS GATE?

7 SCHOLARS GATE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 7 on SCHOLARS GATE.