2, WELLINGTON DRIVE, WYNYARD, BILLINGHAM, TS22 5QJ - £1,100,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WELLINGTON DRIVE is a very large extended detached house of 484m², built sometime between 1996 and 2002, which could now be worth an estimated £1,237,886. It was last sold for £1,100,000 in August 2021, which was around 359% above the average August 2021 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

2 WELLINGTON DRIVE Sold Prices

Land registry data shows three sales for 2 WELLINGTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 2 WELLINGTON DRIVE 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
2021 20 AUG	£1,100,000	£239,775	359% above HPI
2017 8 SEP	£625,000	£217,368	188% above HPI
1998 16 MAR	£85,000	£76,766	11% above HPI

2 WELLINGTON DRIVE 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 three 2 WELLINGTON DRIVE sales between March 1998 and August 2021 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 2017 sale was for 188% above the HPI. So the extrapolation line tracks at 188% above the HPI over time, until the August 2021 sale, where it rises to 359% above the HPI. The line then continues to track at 359% above the HPI.

What might 2 WELLINGTON DRIVE be worth now?

2 WELLINGTON DRIVE might now be worth an estimated £1,237,886.

This is based on house price inflation of 12.5%, between August 2021 and February 2025, 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 12.5% inflationary increase is applied to the most recent sale price for 2 WELLINGTON DRIVE of £1,100,000 on 20th August 2021. For the value to have increased from £1,100,000 to £1,237,886 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 WELLINGTON DRIVE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The August 2021 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELLINGTON DRIVE has not materially changed since August 2021.

How Large is 2 WELLINGTON DRIVE?

2 WELLINGTON DRIVE is 484m², which includes four extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses houses in Wynyard Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wynyard Village, and where 2 WELLINGTON DRIVE lies on this distribution: 98% of detached houses houses are smaller than 2 WELLINGTON DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

2 WELLINGTON DRIVE: Plot and Title Map

2 WELLINGTON DRIVE sits on a plot of roughly 0.449 of an acre, or 1,819m². The below map shows the location of 2 WELLINGTON DRIVE, 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 WELLINGTON DRIVE). 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 WELLINGTON DRIVE?

2 WELLINGTON DRIVE is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 2 on WELLINGTON DRIVE.