1, RIVENDELL CLOSE, BILLINGHAM, TS23 2GH - £116,000

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

1 RIVENDELL CLOSE is a very small extended detached house of 66m², built sometime between 2007 and 2011. It was last sold for £116,000 in June 2021, which was around 50% below the average June 2021 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

1 RIVENDELL CLOSE Sold Prices

Land registry data shows two sales for 1 RIVENDELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Both of the two 1 RIVENDELL CLOSE 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
2021 7 JUN	£116,000	£229,883	50% below HPI
2014 30 JAN	£124,950	£193,391	35% below HPI

1 RIVENDELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The two 1 RIVENDELL CLOSE sales from January 2014 and June 2021 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 January 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1 RIVENDELL CLOSE?

1 RIVENDELL CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 1 RIVENDELL CLOSE lies on this distribution: 4% of detached houses are smaller than 1 RIVENDELL CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Billingham.

1 RIVENDELL CLOSE: Plot and Title Map

1 RIVENDELL CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 1 RIVENDELL CLOSE, 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 1 RIVENDELL CLOSE). 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 1 RIVENDELL CLOSE?

1 RIVENDELL CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 1 on RIVENDELL CLOSE.