22, LANCHESTER AVENUE, BILLINGHAM, TS23 2TD - £79,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 LANCHESTER AVENUE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £79,000 in November 2002, which was around 27% below the average November 2002 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

22 LANCHESTER AVENUE Sold Prices

Land registry data shows two sales for 22 LANCHESTER AVENUE 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 22 LANCHESTER AVENUE sales were 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
2002 29 NOV	£79,000	£108,604	27% below HPI
1999 29 OCT	£59,500	£83,459	29% below HPI

22 LANCHESTER AVENUE 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 22 LANCHESTER AVENUE sales from October 1999 and November 2002 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 October 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2002 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 LANCHESTER AVENUE?

22 LANCHESTER AVENUE is 73m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 22 LANCHESTER AVENUE lies on this distribution: 11% of detached houses are smaller than 22 LANCHESTER AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Billingham.

22 LANCHESTER AVENUE: Plot and Title Map

22 LANCHESTER AVENUE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 22 LANCHESTER AVENUE, 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 22 LANCHESTER AVENUE). 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 22 LANCHESTER AVENUE?

22 LANCHESTER AVENUE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 22 on LANCHESTER AVENUE.