7, SPRING WOOD ROAD, GUISBOROUGH, TS14 7FB - £272,500

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 SPRING WOOD ROAD is a large detached house of 129m². It was last sold for £272,500 in April 2021, which was around 25% above the average April 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

7 SPRING WOOD ROAD Sold Prices

Land registry data shows two sales for 7 SPRING WOOD ROAD 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 7 SPRING WOOD ROAD 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
2021 30 APR	£272,500	£218,264	25% above HPI
2018 23 APR	£299,950	£185,925	61% above HPI

7 SPRING WOOD ROAD 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 7 SPRING WOOD ROAD sales from April 2018 and April 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 April 2018 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the April 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 7 SPRING WOOD ROAD?

7 SPRING WOOD ROAD is 129m² according to the EPC inspection conducted in February 2018. 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 7 SPRING WOOD ROAD lies on this distribution: 65% of detached houses are smaller than 7 SPRING WOOD ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

7 SPRING WOOD ROAD: Plot and Title Map

7 SPRING WOOD ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7 SPRING WOOD ROAD, 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 SPRING WOOD ROAD). 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 SPRING WOOD ROAD?

7 SPRING WOOD ROAD is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 7 on SPRING WOOD ROAD.