2, FARAY GREEN, THORNABY, STOCKTON-ON-TEES, TS17 8GA - £102,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FARAY GREEN is a very small semi-detached house of 70m², built sometime between 2003 and 2006. It was last sold for £102,000 in February 2016, which was around 49% below the average February 2016 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

2 FARAY GREEN Sold Prices

Land registry data shows three sales for 2 FARAY GREEN 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 FARAY GREEN 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
2016 19 FEB	£102,000	£201,816	49% below HPI
2015 11 DEC	£112,500	£206,255	45% below HPI
2005 2 DEC	£119,995	£195,240	39% below HPI

2 FARAY GREEN 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 FARAY GREEN sales between December 2005 and February 2016 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 FARAY GREEN?

2 FARAY GREEN is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Thornaby-on-Tees, based on EPC data. The below chart shows the distribution of detached houses by size in Thornaby-on-Tees, and where 2 FARAY GREEN lies on this distribution: 9% of detached houses are smaller than 2 FARAY GREEN, and 90% of houses are larger. Note that EPC data is not available for all properties in Thornaby-on-Tees.

2 FARAY GREEN: Plot and Title Map

2 FARAY GREEN sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 FARAY GREEN, 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 FARAY GREEN). 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 FARAY GREEN?

2 FARAY GREEN is located in THORNABY, in the TS17 postcode district. The below map shows the position of No. 2 on FARAY GREEN.