32, MONKTON RISE, GUISBOROUGH, TS14 6GF - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 MONKTON RISE is a very large extended detached house of 262m², built sometime between 2003 and 2006, which could now be worth an estimated £728,277. It was last sold for £550,000 in July 2018, which was around 185% above the average July 2018 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

32 MONKTON RISE Sold Prices

Land registry data shows three sales for 32 MONKTON RISE 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 32 MONKTON RISE 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 16 JUL	£550,000	£193,228	185% above HPI
2006 2 JUN	£470,000	£180,073	161% above HPI
2002 11 DEC	£305,000	£107,561	184% above HPI

32 MONKTON RISE 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 32 MONKTON RISE sales between December 2002 and July 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 June 2006 sale was for 161% above the HPI. So the extrapolation line tracks at 161% above the HPI over time, until the July 2018 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

What might 32 MONKTON RISE be worth now?

32 MONKTON RISE might now be worth an estimated £728,277.

This is based on house price inflation of 32.4%, between July 2018 and February 2025, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.4% inflationary increase is applied to the most recent sale price for 32 MONKTON RISE of £550,000 on 16th July 2018. For the value to have increased from £550,000 to £728,277 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 32 MONKTON RISE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2018 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MONKTON RISE has not materially changed since July 2018.

How Large is 32 MONKTON RISE?

32 MONKTON RISE is 262m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses houses in Guisborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guisborough, and where 32 MONKTON RISE lies on this distribution: 99% of detached houses houses are smaller than 32 MONKTON RISE, and 1% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

32 MONKTON RISE: Plot and Title Map

32 MONKTON RISE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 32 MONKTON RISE, 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 32 MONKTON RISE). 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 32 MONKTON RISE?

32 MONKTON RISE is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 32 on MONKTON RISE.