74, RIEVAULX WAY, GUISBOROUGH, TS14 7AY - £199,000

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

74 RIEVAULX WAY is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £199,000 in November 2023, which was around 18% below the average November 2023 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

74 RIEVAULX WAY Sold Prices

Land registry data shows two sales for 74 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 74 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
2023 24 NOV	£199,000	£243,549	18% below HPI
2022 9 NOV	£136,000	£247,402	45% below HPI

74 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 74 RIEVAULX WAY sales from November 2022 and November 2023 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 November 2022 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 74 RIEVAULX WAY?

74 RIEVAULX WAY is 84m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses by size in Guisborough, and where 74 RIEVAULX WAY lies on this distribution: 12% of detached houses are smaller than 74 RIEVAULX WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

74 RIEVAULX WAY: Plot and Title Map

74 RIEVAULX WAY sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 74 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 74 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 74 RIEVAULX WAY?

74 RIEVAULX WAY is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 74 on RIEVAULX WAY.