12, GRIFFITHS CLOSE, YARM, TS15 9TZ - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 GRIFFITHS CLOSE is a very small extended detached house of 80m², built sometime between 1976 and 1982. It was last sold for £170,000 in May 2019, which was around 20% below the average May 2019 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

12 GRIFFITHS CLOSE Sold Prices

Land registry data shows five sales for 12 GRIFFITHS 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 GRIFFITHS 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
2019 23 MAY	£170,000	£213,249	20% below HPI
2013 18 DEC	£156,500	£191,756	18% below HPI
2004 23 APR	£136,000	£152,023	11% below HPI
2000 28 APR	£74,950	£85,499	12% below HPI
1997 26 SEP	£59,500	£76,638	22% below HPI

12 GRIFFITHS 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 GRIFFITHS CLOSE sales between September 1997 and May 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 GRIFFITHS CLOSE?

12 GRIFFITHS CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 12 GRIFFITHS CLOSE lies on this distribution: 14% of detached houses are smaller than 12 GRIFFITHS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Yarm.

12 GRIFFITHS CLOSE: Plot and Title Map

12 GRIFFITHS CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 GRIFFITHS 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 GRIFFITHS 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 GRIFFITHS CLOSE?

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