15, BUDWORTH CLOSE, BILLINGHAM, TS23 3TB - £187,000

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.

15 BUDWORTH CLOSE is a large extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £253,055. It was last sold for £187,000 in September 2011, which was around 6% below the average September 2011 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

15 BUDWORTH CLOSE Sold Prices

Land registry data shows two sales for 15 BUDWORTH 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 15 BUDWORTH 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
2011 30 SEP	£187,000	£199,397	6% below HPI
2000 5 DEC	£71,000	£86,764	18% below HPI

15 BUDWORTH 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 15 BUDWORTH CLOSE sales from December 2000 and September 2011 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 BUDWORTH CLOSE be worth now?

15 BUDWORTH CLOSE might now be worth an estimated £253,055.

This is based on house price inflation of 35.3%, between September 2011 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 35.3% inflationary increase is applied to the most recent sale price for 15 BUDWORTH CLOSE of £187,000 on 30th September 2011. For the value to have increased from £187,000 to £253,055 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 BUDWORTH CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The September 2011 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BUDWORTH CLOSE has not materially changed since September 2011.

How Large is 15 BUDWORTH CLOSE?

15 BUDWORTH CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 15 BUDWORTH CLOSE lies on this distribution: 72% of detached houses houses are smaller than 15 BUDWORTH CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Billingham.

15 BUDWORTH CLOSE: Plot and Title Map

15 BUDWORTH CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 15 BUDWORTH 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 15 BUDWORTH 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 15 BUDWORTH CLOSE?

15 BUDWORTH CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 15 on BUDWORTH CLOSE.