2, THE PIPPINS, BILLINGHAM, TS22 5QB - £335,000

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 THE PIPPINS is a very small detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £351,719. It was last sold for £335,000 in May 2024, which was around 29% above the average May 2024 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

2 THE PIPPINS Sold Prices

Land registry data shows two sales for 2 THE PIPPINS 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 THE PIPPINS 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
2024 31 MAY	£335,000	£260,074	29% above HPI
2022 19 MAY	£345,000	£250,108	38% above HPI

2 THE PIPPINS 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 THE PIPPINS sales from May 2022 and May 2024 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 May 2022 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2024 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 THE PIPPINS be worth now?

2 THE PIPPINS might now be worth an estimated £351,719.

This is based on house price inflation of 5%, between May 2024 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 5% inflationary increase is applied to the most recent sale price for 2 THE PIPPINS of £335,000 on 31st May 2024. For the value to have increased from £335,000 to £351,719 over the five months to December 2024, the following assumptions must hold true:

• The value of 2 THE PIPPINS has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The May 2024 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PIPPINS has not materially changed since May 2024.

How Large is 2 THE PIPPINS?

2 THE PIPPINS is 106m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses houses in Wolviston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolviston, and where 2 THE PIPPINS lies on this distribution: 10% of detached houses houses are smaller than 2 THE PIPPINS, and 90% of houses are larger. Note that EPC data is not available for all properties in Wolviston.

2 THE PIPPINS: Plot and Title Map

2 THE PIPPINS sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 2 THE PIPPINS, 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 THE PIPPINS). 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 THE PIPPINS?

2 THE PIPPINS is located in BILLINGHAM, in the TS22 postcode district. The below map shows the position of No. 2 on THE PIPPINS.