5, BANK ROAD, BILLINGHAM, TS23 1DU - £245,000

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

5 BANK ROAD is a very large detached house of 156m², built sometime between 1900 and 1929. It was last sold for £245,000 in January 2013, which was around 29% above the average January 2013 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2012, where the current energy rating was F, and the potential energy rating was C.

5 BANK ROAD Sold Prices

Land registry data shows two sales for 5 BANK ROAD 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 5 BANK ROAD 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
2013 11 JAN	£245,000	£190,266	29% above HPI
2002 21 JAN	£195,000	£95,392	104% above HPI

5 BANK ROAD 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 5 BANK ROAD sales from January 2002 and January 2013 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 January 2002 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the January 2013 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 5 BANK ROAD?

5 BANK ROAD is 156m² according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 5 BANK ROAD lies on this distribution: 94% of detached houses are smaller than 5 BANK ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Billingham.

5 BANK ROAD: Plot and Title Map

5 BANK ROAD sits on a plot of roughly 0.271 of an acre, or 1,098m². The below map shows the location of 5 BANK ROAD, 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 5 BANK ROAD). 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 5 BANK ROAD?

5 BANK ROAD is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 5 on BANK ROAD.