2, BONINGTON CRESCENT, BILLINGHAM, TS23 3WJ - £185,000

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.

2 BONINGTON CRESCENT is a small detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £231,597. It was last sold for £185,000 in February 2020, which was around 14% below the average February 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

2 BONINGTON CRESCENT Sold Prices

Land registry data shows three sales for 2 BONINGTON CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 2 BONINGTON CRESCENT 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
2020 14 FEB	£185,000	£215,541	14% below HPI
2002 20 DEC	£96,000	£112,839	15% below HPI
1999 11 NOV	£82,000	£83,715	2% below HPI

2 BONINGTON CRESCENT 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 three 2 BONINGTON CRESCENT sales between November 1999 and February 2020 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 February 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 BONINGTON CRESCENT be worth now?

2 BONINGTON CRESCENT might now be worth an estimated £231,597.

This is based on house price inflation of 25.2%, between February 2020 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 25.2% inflationary increase is applied to the most recent sale price for 2 BONINGTON CRESCENT of £185,000 on 14th February 2020. For the value to have increased from £185,000 to £231,597 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 BONINGTON CRESCENT has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The February 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BONINGTON CRESCENT has not materially changed since February 2020.

How Large is 2 BONINGTON CRESCENT?

2 BONINGTON CRESCENT is 93m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% 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 2 BONINGTON CRESCENT lies on this distribution: 37% of detached houses houses are smaller than 2 BONINGTON CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in Billingham.

2 BONINGTON CRESCENT: Plot and Title Map

2 BONINGTON CRESCENT sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 BONINGTON CRESCENT, 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 2 BONINGTON CRESCENT). 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 2 BONINGTON CRESCENT?

2 BONINGTON CRESCENT is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 2 on BONINGTON CRESCENT.