22, OUGHTON CLOSE, YARM, TS15 9SZ - £248,500

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.

22 OUGHTON CLOSE is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £291,274. It was last sold for £248,500 in February 2021, which was around 8% above the average February 2021 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

22 OUGHTON CLOSE Sold Prices

Land registry data shows three sales for 22 OUGHTON CLOSE 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 22 OUGHTON CLOSE 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 12 FEB	£248,500	£230,206	8% above HPI
2002 12 DEC	£158,000	£112,839	40% above HPI
1997 13 JAN	£80,000	£75,812	6% above HPI

22 OUGHTON CLOSE 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 22 OUGHTON CLOSE sales between January 1997 and February 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 December 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the February 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 22 OUGHTON CLOSE be worth now?

22 OUGHTON CLOSE might now be worth an estimated £291,274.

This is based on house price inflation of 17.2%, between February 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 17.2% inflationary increase is applied to the most recent sale price for 22 OUGHTON CLOSE of £248,500 on 12th February 2021. For the value to have increased from £248,500 to £291,274 over the four years to February 2025, the following assumptions must hold true:

• The value of 22 OUGHTON CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The February 2021 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 22 OUGHTON CLOSE has not materially changed since February 2021.

How Large is 22 OUGHTON CLOSE?

22 OUGHTON CLOSE is 98m² according to the EPC inspection conducted in November 2011. 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 22 OUGHTON CLOSE lies on this distribution: 25% of detached houses houses are smaller than 22 OUGHTON CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Yarm.

22 OUGHTON CLOSE: Plot and Title Map

22 OUGHTON CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 22 OUGHTON 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 22 OUGHTON 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 22 OUGHTON CLOSE?

22 OUGHTON CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 22 on OUGHTON CLOSE.