2, SPITALFIELDS, YARM, TS15 9HH - £215,000

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 SPITALFIELDS is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £272,663. It was last sold for £215,000 in July 2017, which was about the average July 2017 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

2 SPITALFIELDS Sold Prices

Land registry data shows two sales for 2 SPITALFIELDS 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. One of the two 2 SPITALFIELDS sales was roughly equal to the average price, whilst the other was 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
2017 21 JUL	£215,000	£215,308	Close to HPI
2001 28 SEP	£94,000	£95,543	2% below HPI

2 SPITALFIELDS 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 SPITALFIELDS sales from September 2001 and July 2017 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 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 SPITALFIELDS be worth now?

2 SPITALFIELDS might now be worth an estimated £272,663.

This is based on house price inflation of 26.8%, between July 2017 and December 2024, 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 26.8% inflationary increase is applied to the most recent sale price for 2 SPITALFIELDS of £215,000 on 21st July 2017. For the value to have increased from £215,000 to £272,663 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 SPITALFIELDS has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPITALFIELDS has not materially changed since July 2017.

How Large is 2 SPITALFIELDS?

2 SPITALFIELDS is 104m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yarm, and where 2 SPITALFIELDS lies on this distribution: 28% of detached houses houses are smaller than 2 SPITALFIELDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Yarm.

2 SPITALFIELDS: Plot and Title Map

2 SPITALFIELDS sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 SPITALFIELDS, 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 SPITALFIELDS). 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 SPITALFIELDS?

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