Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
22 SPELL CLOSE is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £200,000 in May 2011, which was around 1% above the average May 2011 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 22 SPELL CLOSE since 1st 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 SPELL 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 |
---|---|---|---|
2011 24 MAY | £200,000 | £197,217 | 1% above HPI |
1997 8 AUG | £107,000 | £77,461 | 38% above HPI |
1995 30 JAN | £94,000 | £75,852 | 24% above HPI |
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 SPELL CLOSE sales between January 1995 and May 2011 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 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2011 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
22 SPELL CLOSE is 152m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 22 SPELL CLOSE lies on this distribution: 76% of detached houses are smaller than 22 SPELL CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Yarm.
22 SPELL CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 22 SPELL 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 SPELL 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.
22 SPELL CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 22 on SPELL CLOSE.