38, GRASSHOLME WAY, EAGLESCLIFFE, STOCKTON-ON-TEES, TS16 0GB - £320,000

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.

38 GRASSHOLME WAY is a large extended detached house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £330,678. It was last sold for £320,000 in July 2023, which was around 23% above the average July 2023 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

38 GRASSHOLME WAY Sold Prices

Land registry data shows four sales for 38 GRASSHOLME WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the four 38 GRASSHOLME WAY 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
2023 6 JUL	£320,000	£261,118	23% above HPI
2015 28 AUG	£275,000	£209,555	31% above HPI
2013 22 MAY	£249,950	£200,370	25% above HPI
2003 28 FEB	£159,995	£120,435	33% above HPI

38 GRASSHOLME WAY 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 four 38 GRASSHOLME WAY sales between February 2003 and July 2023 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 2015 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 38 GRASSHOLME WAY be worth now?

38 GRASSHOLME WAY might now be worth an estimated £330,678.

This is based on house price inflation of 3.3%, between July 2023 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 3.3% inflationary increase is applied to the most recent sale price for 38 GRASSHOLME WAY of £320,000 on 6th July 2023. For the value to have increased from £320,000 to £330,678 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 38 GRASSHOLME WAY has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GRASSHOLME WAY has not materially changed since July 2023.

How Large is 38 GRASSHOLME WAY?

38 GRASSHOLME WAY is 131m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses houses in Egglescliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Egglescliffe, and where 38 GRASSHOLME WAY lies on this distribution: 69% of detached houses houses are smaller than 38 GRASSHOLME WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Egglescliffe.

38 GRASSHOLME WAY: Plot and Title Map

38 GRASSHOLME WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 38 GRASSHOLME WAY, 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 38 GRASSHOLME WAY). 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 38 GRASSHOLME WAY?

38 GRASSHOLME WAY is located in EAGLESCLIFFE, in the TS16 postcode district. The below map shows the position of No. 38 on GRASSHOLME WAY.