3, BUDWORTH CLOSE, BILLINGHAM, TS23 3TB - £220,000

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.

3 BUDWORTH CLOSE is a midsized extended detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £223,327. It was last sold for £220,000 in July 2024, which was around 17% below the average July 2024 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

3 BUDWORTH CLOSE Sold Prices

Land registry data shows two sales for 3 BUDWORTH CLOSE 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. One of the two 3 BUDWORTH CLOSE sales was for below the average price, whilst the other was 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 29 JUL	£220,000	£265,811	17% below HPI
1995 26 MAY	£77,000	£74,343	4% above HPI

3 BUDWORTH 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 two 3 BUDWORTH CLOSE sales from May 1995 and July 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 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 BUDWORTH CLOSE be worth now?

3 BUDWORTH CLOSE might now be worth an estimated £223,327.

This is based on house price inflation of 1.5%, between July 2024 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 1.5% inflationary increase is applied to the most recent sale price for 3 BUDWORTH CLOSE of £220,000 on 29th July 2024. For the value to have increased from £220,000 to £223,327 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 3 BUDWORTH CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BUDWORTH CLOSE has not materially changed since July 2024.

How Large is 3 BUDWORTH CLOSE?

3 BUDWORTH CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingham, and where 3 BUDWORTH CLOSE lies on this distribution: 59% of detached houses houses are smaller than 3 BUDWORTH CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Billingham.

3 BUDWORTH CLOSE: Plot and Title Map

3 BUDWORTH CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 BUDWORTH 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 3 BUDWORTH 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 3 BUDWORTH CLOSE?

3 BUDWORTH CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 3 on BUDWORTH CLOSE.