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

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

3 ELVINGTON CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £157,000 in November 2017, which was around 25% 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	£208,398	25% below HPI
2014 21 MAR	£125,000	£193,775	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 3 ELVINGTON CLOSE lies on this distribution: 11% of detached 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.