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
2 GAINSBOROUGH CRESCENT is a very large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £310,000 in February 2022, which was around 29% 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.
Land registry data shows two sales for 2 GAINSBOROUGH CRESCENT 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 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 | £239,654 | 29% above HPI |
1997 17 SEP | £115,000 | £76,638 | 50% above 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 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.
2 GAINSBOROUGH CRESCENT is 134m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 2 GAINSBOROUGH CRESCENT lies on this distribution: 86% of detached houses are smaller than 2 GAINSBOROUGH CRESCENT, and 14% of houses are larger. Note that EPC data is not available for all properties in Billingham.
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.
2 GAINSBOROUGH CRESCENT is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 2 on GAINSBOROUGH CRESCENT.