2, GANSTEAD WAY, BILLINGHAM, TS23 3SY - £103,000

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 GANSTEAD WAY is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £103,000 in August 2012, which was around 48% below the average August 2012 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

2 GANSTEAD WAY Sold Prices

Land registry data shows two sales for 2 GANSTEAD WAY 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 GANSTEAD WAY 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
2012 30 AUG	£103,000	£198,900	48% below HPI
1996 23 AUG	£45,000	£74,603	40% below HPI

2 GANSTEAD WAY 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 GANSTEAD WAY sales from August 1996 and August 2012 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 August 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2012 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 GANSTEAD WAY?

2 GANSTEAD WAY is 61m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 GANSTEAD WAY lies on this distribution: 2% of detached houses are smaller than 2 GANSTEAD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Billingham.

2 GANSTEAD WAY: Plot and Title Map

2 GANSTEAD WAY sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 2 GANSTEAD WAY, 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 GANSTEAD WAY). 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 GANSTEAD WAY?

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