12, GOLDSMITH CLOSE, BILLINGHAM, TS23 3GW - £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.

12 GOLDSMITH CLOSE is a large extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £180,315. It was last sold for £145,000 in August 2016, which was around 33% below the average August 2016 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

12 GOLDSMITH CLOSE Sold Prices

Land registry data shows five sales for 12 GOLDSMITH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the five 12 GOLDSMITH 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
2016 25 AUG	£145,000	£216,984	33% below HPI
2016 29 APR	£180,000	£206,853	13% below HPI
2007 27 APR	£175,000	£216,143	19% below HPI
2004 5 AUG	£138,000	£179,634	23% below HPI
2001 30 NOV	£86,950	£93,408	7% below HPI

12 GOLDSMITH 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 five 12 GOLDSMITH CLOSE sales between November 2001 and August 2016 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 12 GOLDSMITH CLOSE be worth now?

12 GOLDSMITH CLOSE might now be worth an estimated £180,315.

This is based on house price inflation of 24.4%, between August 2016 and February 2025, for 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 24.4% inflationary increase is applied to the most recent sale price for 12 GOLDSMITH CLOSE of £145,000 on 25th August 2016. For the value to have increased from £145,000 to £180,315 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 12 GOLDSMITH CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The August 2016 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GOLDSMITH CLOSE has not materially changed since August 2016.

How Large is 12 GOLDSMITH CLOSE?

12 GOLDSMITH CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingham, and where 12 GOLDSMITH CLOSE lies on this distribution: 78% of detached houses houses are smaller than 12 GOLDSMITH CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Billingham.

12 GOLDSMITH CLOSE: Plot and Title Map

12 GOLDSMITH CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 12 GOLDSMITH 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 12 GOLDSMITH 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 12 GOLDSMITH CLOSE?

12 GOLDSMITH CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 12 on GOLDSMITH CLOSE.