41, GOLDSMITH CLOSE, BILLINGHAM, TS23 3GW - £145,000

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.

41 GOLDSMITH CLOSE is a small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £196,071. It was last sold for £145,000 in May 2012, which was around 27% below the average May 2012 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

41 GOLDSMITH CLOSE Sold Prices

Land registry data shows two sales for 41 GOLDSMITH 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 41 GOLDSMITH 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
2012 23 MAY	£145,000	£199,548	27% below HPI
2002 29 NOV	£86,950	£111,341	22% below HPI

41 GOLDSMITH 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 41 GOLDSMITH CLOSE sales from November 2002 and May 2012 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 November 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 41 GOLDSMITH CLOSE be worth now?

41 GOLDSMITH CLOSE might now be worth an estimated £196,071.

This is based on house price inflation of 35.2%, between May 2012 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 35.2% inflationary increase is applied to the most recent sale price for 41 GOLDSMITH CLOSE of £145,000 on 23rd May 2012. For the value to have increased from £145,000 to £196,071 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 41 GOLDSMITH CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The May 2012 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GOLDSMITH CLOSE has not materially changed since May 2012.

How Large is 41 GOLDSMITH CLOSE?

41 GOLDSMITH CLOSE is 85m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% 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 41 GOLDSMITH CLOSE lies on this distribution: 26% of detached houses houses are smaller than 41 GOLDSMITH CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Billingham.

41 GOLDSMITH CLOSE: Plot and Title Map

41 GOLDSMITH CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 41 GOLDSMITH 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 41 GOLDSMITH 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 41 GOLDSMITH CLOSE?

41 GOLDSMITH CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 41 on GOLDSMITH CLOSE.