40, LANCHESTER AVENUE, BILLINGHAM, TS23 2TD - £106,000

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

40 LANCHESTER AVENUE is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £106,000 in May 2004, which was around 32% below the average May 2004 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

40 LANCHESTER AVENUE Sold Prices

Land registry data shows two sales for 40 LANCHESTER AVENUE 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 40 LANCHESTER AVENUE 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
2004 6 MAY	£106,000	£156,327	32% below HPI
2000 31 MAR	£57,000	£82,683	31% below HPI

40 LANCHESTER AVENUE 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 40 LANCHESTER AVENUE sales from March 2000 and May 2004 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 2000 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2004 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 40 LANCHESTER AVENUE?

40 LANCHESTER AVENUE is 85m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 40 LANCHESTER AVENUE lies on this distribution: 26% of detached houses are smaller than 40 LANCHESTER AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Billingham.

40 LANCHESTER AVENUE: Plot and Title Map

40 LANCHESTER AVENUE sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 40 LANCHESTER AVENUE, 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 40 LANCHESTER AVENUE). 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 40 LANCHESTER AVENUE?

40 LANCHESTER AVENUE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 40 on LANCHESTER AVENUE.