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 WEARE GROVE is a very small extended detached house of 79m², built sometime between 2003 and 2006. It was last sold for £176,000 in July 2022, which was around 30% below the average July 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 WEARE GROVE since 1st 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 WEARE GROVE 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 |
---|---|---|---|
2022 20 JUL | £176,000 | £250,183 | 30% below HPI |
2007 5 APR | £133,000 | £210,831 | 37% below HPI |
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 WEARE GROVE sales from April 2007 and July 2022 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 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
16 WEARE GROVE is 79m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Stillington, based on EPC data. The below chart shows the distribution of detached houses by size in Stillington, and where 16 WEARE GROVE lies on this distribution: 3% of detached houses are smaller than 16 WEARE GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stillington.
16 WEARE GROVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 16 WEARE GROVE, 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 WEARE GROVE). 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.
16 WEARE GROVE is located in STILLINGTON, in the TS21 postcode district. The below map shows the position of No. 16 on WEARE GROVE.