CHESSELS, THE AVENUE, GUISBOROUGH, TS14 8DN - £390,000

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

CHESSELS is a very large extended detached house of 168m², built sometime between 1967 and 1975. It was last sold for £390,000 in October 2022, which was around 57% above the average October 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

CHESSELS Sold Prices

Land registry data shows three sales for CHESSELS 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. All of the three CHESSELS 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
2022 28 OCT	£390,000	£248,783	57% above HPI
2021 25 JUN	£365,000	£218,342	67% above HPI
2003 9 MAY	£166,000	£112,314	48% above HPI

CHESSELS 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 CHESSELS sales between May 2003 and October 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 June 2021 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2022 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is CHESSELS?

CHESSELS is 168m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 CHESSELS lies on this distribution: 92% of detached houses are smaller than CHESSELS, and 8% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

CHESSELS: Plot and Title Map

CHESSELS sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of CHESSELS, 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 CHESSELS). 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 CHESSELS?

CHESSELS is located on THE AVENUE in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of CHESSELS on THE AVENUE.