41, SLEDMERE CLOSE, BILLINGHAM, TS23 3LA - £122,000

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 SLEDMERE CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £126,933. It was last sold for £122,000 in September 2022, which was around 19% below the average September 2022 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

41 SLEDMERE CLOSE Sold Prices

Land registry data shows three sales for 41 SLEDMERE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 41 SLEDMERE 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
2022 15 SEP	£122,000	£151,214	19% below HPI
2016 1 DEC	£90,000	£121,208	26% below HPI
1995 22 SEP	£38,000	£41,996	10% below HPI

41 SLEDMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The three 41 SLEDMERE CLOSE sales between September 1995 and September 2022 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 December 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 41 SLEDMERE CLOSE be worth now?

41 SLEDMERE CLOSE might now be worth an estimated £126,933.

This is based on house price inflation of 4%, between September 2022 and February 2025, for semi-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 4% inflationary increase is applied to the most recent sale price for 41 SLEDMERE CLOSE of £122,000 on 15th September 2022. For the value to have increased from £122,000 to £126,933 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 41 SLEDMERE CLOSE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The September 2022 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 41 SLEDMERE CLOSE has not materially changed since September 2022.

How Large is 41 SLEDMERE CLOSE?

41 SLEDMERE CLOSE is 55m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of semi-detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billingham, and where 41 SLEDMERE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 41 SLEDMERE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Billingham.

41 SLEDMERE CLOSE: Plot and Title Map

41 SLEDMERE CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 41 SLEDMERE 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 SLEDMERE 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 SLEDMERE CLOSE?

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