16, CHAUCER CLOSE, BILLINGHAM, TS23 3GU - £192,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 CHAUCER CLOSE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £192,000 in May 2023, which was around 26% below the average May 2023 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

16 CHAUCER CLOSE Sold Prices

Land registry data shows two sales for 16 CHAUCER 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 16 CHAUCER 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
2023 5 MAY	£192,000	£258,093	26% below HPI
2002 12 DEC	£93,950	£110,066	15% below HPI

16 CHAUCER 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 16 CHAUCER CLOSE sales from December 2002 and May 2023 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 CHAUCER CLOSE?

16 CHAUCER CLOSE is 64m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 16 CHAUCER CLOSE lies on this distribution: 3% of detached houses are smaller than 16 CHAUCER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Billingham.

16 CHAUCER CLOSE: Plot and Title Map

16 CHAUCER CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 16 CHAUCER 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 16 CHAUCER 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 16 CHAUCER CLOSE?

16 CHAUCER CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 16 on CHAUCER CLOSE.