2, SPELL CLOSE, YARM, TS15 9SD - £145,200

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPELL CLOSE is a very small extended semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £202,636. It was last sold for £145,200 in April 2014, which was around 27% above the average April 2014 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

2 SPELL CLOSE Sold Prices

Land registry data shows three sales for 2 SPELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 2 SPELL CLOSE 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
2014 9 APR	£145,200	£114,317	27% above HPI
2004 16 JAN	£129,950	£81,781	59% above HPI
1995 21 JUL	£57,500	£42,953	34% above HPI

2 SPELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The three 2 SPELL CLOSE sales between July 1995 and April 2014 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 January 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2014 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 SPELL CLOSE be worth now?

2 SPELL CLOSE might now be worth an estimated £202,636.

This is based on house price inflation of 39.6%, between April 2014 and December 2024, for semi-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 39.6% inflationary increase is applied to the most recent sale price for 2 SPELL CLOSE of £145,200 on 9th April 2014. For the value to have increased from £145,200 to £202,636 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 2 SPELL CLOSE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The April 2014 sale price of £145,200 represented a fair market value for the property.
• The size, condition, and specification of 2 SPELL CLOSE has not materially changed since April 2014.

How Large is 2 SPELL CLOSE?

2 SPELL CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in October 2024. This puts it in the smallest 20% of semi-detached houses houses in Yarm, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Yarm, and where 2 SPELL CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 2 SPELL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Yarm.

2 SPELL CLOSE: Plot and Title Map

2 SPELL CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 SPELL CLOSE, 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 SPELL CLOSE). 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 SPELL CLOSE?

2 SPELL CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 2 on SPELL CLOSE.