12, SLEDMERE CLOSE, BILLINGHAM, TS23 3LA - £110,000

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 SLEDMERE CLOSE is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £113,530. It was last sold for £110,000 in June 2024, which was around 58% below the average June 2024 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

12 SLEDMERE CLOSE Sold Prices

Land registry data shows four sales for 12 SLEDMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the four 12 SLEDMERE 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
2024 28 JUN	£110,000	£261,441	58% below HPI
2007 9 FEB	£125,000	£211,274	41% below HPI
2004 5 MAR	£94,000	£149,363	37% below HPI
1997 11 APR	£46,950	£78,420	40% below HPI

12 SLEDMERE 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 four 12 SLEDMERE CLOSE sales between April 1997 and June 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 February 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2024 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 12 SLEDMERE CLOSE be worth now?

12 SLEDMERE CLOSE might now be worth an estimated £113,530.

This is based on house price inflation of 3.2%, between June 2024 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 3.2% inflationary increase is applied to the most recent sale price for 12 SLEDMERE CLOSE of £110,000 on 28th June 2024. For the value to have increased from £110,000 to £113,530 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 12 SLEDMERE CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The June 2024 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SLEDMERE CLOSE has not materially changed since June 2024.

How Large is 12 SLEDMERE CLOSE?

12 SLEDMERE CLOSE is 63m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 SLEDMERE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 12 SLEDMERE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Billingham.

12 SLEDMERE CLOSE: Plot and Title Map

12 SLEDMERE CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 12 SLEDMERE 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 SLEDMERE 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 SLEDMERE CLOSE?

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