49, FERNIE ROAD, GUISBOROUGH, TS14 7LZ - £170,000

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.

49 FERNIE ROAD is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £235,375. It was last sold for £170,000 in January 2017, which was around 7% below the average January 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

49 FERNIE ROAD Sold Prices

Land registry data shows four sales for 49 FERNIE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 49 FERNIE ROAD 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
2017 13 JAN	£170,000	£183,245	7% below HPI
2006 24 FEB	£154,000	£180,432	15% below HPI
2001 19 JUL	£77,000	£86,720	11% below HPI
1996 28 JUN	£65,000	£71,508	9% below HPI

49 FERNIE 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 four 49 FERNIE ROAD sales between June 1996 and January 2017 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 February 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 49 FERNIE ROAD be worth now?

49 FERNIE ROAD might now be worth an estimated £235,375.

This is based on house price inflation of 38.5%, between January 2017 and March 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 38.5% inflationary increase is applied to the most recent sale price for 49 FERNIE ROAD of £170,000 on 13th January 2017. For the value to have increased from £170,000 to £235,375 over the seven years and ten months to March 2025, the following assumptions must hold true:

• The value of 49 FERNIE ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The January 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 49 FERNIE ROAD has not materially changed since January 2017.

How Large is 49 FERNIE ROAD?

49 FERNIE ROAD is 79m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 49 FERNIE ROAD lies on this distribution: 9% of detached houses houses are smaller than 49 FERNIE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

49 FERNIE ROAD: Plot and Title Map

49 FERNIE ROAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 49 FERNIE 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 49 FERNIE 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 49 FERNIE ROAD?

49 FERNIE ROAD is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 49 on FERNIE ROAD.