8, FERNIE ROAD, GUISBOROUGH, TS14 7LZ - £145,000

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.

8 FERNIE ROAD is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £204,380. It was last sold for £145,000 in January 2019, which was around 32% above the average January 2019 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

8 FERNIE ROAD Sold Prices

Land registry data shows five sales for 8 FERNIE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the five 8 FERNIE ROAD 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
2019 31 JAN	£145,000	£110,040	32% above HPI
2018 20 DEC	£155,000	£110,368	40% above HPI
2003 1 DEC	£99,950	£81,162	23% above HPI
2002 8 APR	£70,500	£50,453	40% above HPI
1998 1 OCT	£51,000	£43,942	16% above HPI

8 FERNIE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The five 8 FERNIE ROAD sales between October 1998 and January 2019 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 2018 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the January 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 FERNIE ROAD be worth now?

8 FERNIE ROAD might now be worth an estimated £204,380.

This is based on house price inflation of 41%, between January 2019 and March 2025, for semi-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 41% inflationary increase is applied to the most recent sale price for 8 FERNIE ROAD of £145,000 on 31st January 2019. For the value to have increased from £145,000 to £204,380 over the five years and ten months to March 2025, the following assumptions must hold true:

• The value of 8 FERNIE ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The January 2019 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERNIE ROAD has not materially changed since January 2019.

How Large is 8 FERNIE ROAD?

8 FERNIE ROAD is 76m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Guisborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Guisborough, and where 8 FERNIE ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 8 FERNIE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Guisborough.

8 FERNIE ROAD: Plot and Title Map

8 FERNIE ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 8 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 8 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 8 FERNIE ROAD?

8 FERNIE ROAD is located in GUISBOROUGH, in the TS14 postcode district. The below map shows the position of No. 8 on FERNIE ROAD.