3, ELVINGTON CLOSE, BILLINGHAM, TS23 3YS - £157,000

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 ELVINGTON CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £198,285. It was last sold for £157,000 in November 2017, which was around 27% below the average November 2017 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

3 ELVINGTON CLOSE Sold Prices

Land registry data shows two sales for 3 ELVINGTON 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. Both of the two 3 ELVINGTON CLOSE 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
2017 3 NOV	£157,000	£213,649	27% below HPI
2014 21 MAR	£125,000	£198,657	37% below HPI

3 ELVINGTON 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 ELVINGTON CLOSE sales from March 2014 and November 2017 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 March 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 ELVINGTON CLOSE be worth now?

3 ELVINGTON CLOSE might now be worth an estimated £198,285.

This is based on house price inflation of 26.3%, between November 2017 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 26.3% inflationary increase is applied to the most recent sale price for 3 ELVINGTON CLOSE of £157,000 on 3rd November 2017. For the value to have increased from £157,000 to £198,285 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 ELVINGTON CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The November 2017 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELVINGTON CLOSE has not materially changed since November 2017.

How Large is 3 ELVINGTON CLOSE?

3 ELVINGTON CLOSE is 73m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 ELVINGTON CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 ELVINGTON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Billingham.

3 ELVINGTON CLOSE: Plot and Title Map

3 ELVINGTON CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 3 ELVINGTON 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 ELVINGTON 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 ELVINGTON CLOSE?

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