12, ELMS WAY, YARM, TS15 9AZ - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 ELMS WAY is a small semi-detached house of 113m², which could now be worth an estimated £259,929. It was last sold for £240,000 in March 2024, which was around 63% above the average March 2024 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

12 ELMS WAY Sold Prices

Land registry data shows three sales for 12 ELMS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 12 ELMS WAY 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
2024 8 MAR	£240,000	£147,305	63% above HPI
2019 11 APR	£237,500	£125,167	90% above HPI
2016 28 OCT	£249,995	£121,092	106% above HPI

12 ELMS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The three 12 ELMS WAY sales between October 2016 and March 2024 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 April 2019 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the March 2024 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 12 ELMS WAY be worth now?

12 ELMS WAY might now be worth an estimated £259,929.

This is based on house price inflation of 8.3%, between March 2024 and December 2024, for semi-detached houses, in the Stockton-on-Tees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for 12 ELMS WAY of £240,000 on 8th March 2024. For the value to have increased from £240,000 to £259,929 over the three months to December 2024, the following assumptions must hold true:

• The value of 12 ELMS WAY has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The March 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ELMS WAY has not materially changed since March 2024.

How Large is 12 ELMS WAY?

12 ELMS WAY is 113m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of semi-detached houses houses in Yarm, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Yarm, and where 12 ELMS WAY lies on this distribution: 39% of semi-detached houses houses are smaller than 12 ELMS WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Yarm.

12 ELMS WAY: Plot and Title Map

12 ELMS WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 12 ELMS WAY, 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 12 ELMS WAY). 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 12 ELMS WAY?

12 ELMS WAY is located in YARM, in the TS15 postcode district. The below map shows the position of No. 12 on ELMS WAY.