2, GAINSBOROUGH CRESCENT, BILLINGHAM, TS23 3GA - £310,000

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 GAINSBOROUGH CRESCENT is a very large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £340,456. It was last sold for £310,000 in February 2022, which was around 26% above the average February 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 GAINSBOROUGH CRESCENT Sold Prices

Land registry data shows two sales for 2 GAINSBOROUGH CRESCENT 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 2 GAINSBOROUGH CRESCENT sales were for above 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 18 FEB	£310,000	£245,693	26% above HPI
1997 17 SEP	£115,000	£78,569	46% above HPI

2 GAINSBOROUGH 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 two 2 GAINSBOROUGH CRESCENT sales from September 1997 and February 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 September 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 GAINSBOROUGH CRESCENT be worth now?

2 GAINSBOROUGH CRESCENT might now be worth an estimated £340,456.

This is based on house price inflation of 9.8%, between February 2022 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 9.8% inflationary increase is applied to the most recent sale price for 2 GAINSBOROUGH CRESCENT of £310,000 on 18th February 2022. For the value to have increased from £310,000 to £340,456 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 GAINSBOROUGH CRESCENT has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The February 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GAINSBOROUGH CRESCENT has not materially changed since February 2022.

How Large is 2 GAINSBOROUGH CRESCENT?

2 GAINSBOROUGH CRESCENT is 134m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 GAINSBOROUGH CRESCENT lies on this distribution: 86% of detached houses houses are smaller than 2 GAINSBOROUGH CRESCENT, and 13% of houses are larger. Note that EPC data is not available for all properties in Billingham.

2 GAINSBOROUGH CRESCENT: Plot and Title Map

2 GAINSBOROUGH CRESCENT sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 2 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH CRESCENT?

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