2, STUBBS CLOSE, BILLINGHAM, TS23 3GH - £116,000

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 STUBBS CLOSE is a very small semi-detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £144,612. It was last sold for £116,000 in November 2019, which was around 8% below the average November 2019 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

2 STUBBS CLOSE Sold Prices

Land registry data shows three sales for 2 STUBBS 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. One of the three 2 STUBBS CLOSE sales was for below the average price, whilst two 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
2019 21 NOV	£116,000	£126,200	8% below HPI
2002 30 AUG	£63,950	£56,455	13% above HPI
1998 18 AUG	£52,950	£44,254	20% above HPI

2 STUBBS 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 STUBBS CLOSE sales between August 1998 and November 2019 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 STUBBS CLOSE be worth now?

2 STUBBS CLOSE might now be worth an estimated £144,612.

This is based on house price inflation of 24.7%, between November 2019 and February 2025, 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 24.7% inflationary increase is applied to the most recent sale price for 2 STUBBS CLOSE of £116,000 on 21st November 2019. For the value to have increased from £116,000 to £144,612 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 STUBBS CLOSE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The November 2019 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STUBBS CLOSE has not materially changed since November 2019.

How Large is 2 STUBBS CLOSE?

2 STUBBS CLOSE is 57m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of semi-detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billingham, and where 2 STUBBS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 STUBBS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Billingham.

2 STUBBS CLOSE: Plot and Title Map

2 STUBBS CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 2 STUBBS 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 STUBBS 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 STUBBS CLOSE?

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