CORNERWAYS, THE AVENUE, GUISBOROUGH, TS14 8DN - £457,500

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

CORNERWAYS is a very large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £457,500 in March 2018, which was around 146% above the average March 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS 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 CORNERWAYS 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 26 MAR	£457,500	£186,157	146% above HPI
2013 20 DEC	£359,000	£178,145	102% above HPI
1996 16 SEP	£105,000	£75,217	40% above HPI

CORNERWAYS 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 CORNERWAYS sales between September 1996 and March 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 December 2013 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the March 2018 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 189m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 CORNERWAYS lies on this distribution: 96% of detached houses are smaller than CORNERWAYS, and 4% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

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