5, HEPPLE CLOSE, BILLINGHAM, TS23 3XP - £262,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 HEPPLE CLOSE is a large detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £270,729. It was last sold for £262,000 in October 2022, which was about the average October 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

5 HEPPLE CLOSE Sold Prices

Land registry data shows four sales for 5 HEPPLE CLOSE 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. The four 5 HEPPLE CLOSE sales were a mix of roughly equal to the average price, and 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 21 OCT	£262,000	£261,131	Close to HPI
2007 30 MAR	£142,000	£211,498	33% below HPI
2001 7 SEP	£73,500	£95,543	23% below HPI
1995 2 JUN	£54,500	£75,175	28% below HPI

5 HEPPLE 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 four 5 HEPPLE CLOSE sales between June 1995 and October 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 March 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 HEPPLE CLOSE be worth now?

5 HEPPLE CLOSE might now be worth an estimated £270,729.

This is based on house price inflation of 3.3%, between October 2022 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 5 HEPPLE CLOSE of £262,000 on 21st October 2022. For the value to have increased from £262,000 to £270,729 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 HEPPLE CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The October 2022 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEPPLE CLOSE has not materially changed since October 2022.

How Large is 5 HEPPLE CLOSE?

5 HEPPLE CLOSE is 110m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% 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 5 HEPPLE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 5 HEPPLE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Billingham.

5 HEPPLE CLOSE: Plot and Title Map

5 HEPPLE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 5 HEPPLE 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 5 HEPPLE 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 5 HEPPLE CLOSE?

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