6, BUDWORTH CLOSE, BILLINGHAM, TS23 3TB - £191,000

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.

6 BUDWORTH CLOSE is a large extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £239,498. It was last sold for £191,000 in June 2020, which was around 11% below the average June 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

6 BUDWORTH CLOSE Sold Prices

Land registry data shows two sales for 6 BUDWORTH 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 6 BUDWORTH 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
2020 12 JUN	£191,000	£215,191	11% below HPI
2009 30 OCT	£165,000	£198,593	17% below HPI

6 BUDWORTH 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 6 BUDWORTH CLOSE sales from October 2009 and June 2020 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 October 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 BUDWORTH CLOSE be worth now?

6 BUDWORTH CLOSE might now be worth an estimated £239,498.

This is based on house price inflation of 25.4%, between June 2020 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 25.4% inflationary increase is applied to the most recent sale price for 6 BUDWORTH CLOSE of £191,000 on 12th June 2020. For the value to have increased from £191,000 to £239,498 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 6 BUDWORTH CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The June 2020 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BUDWORTH CLOSE has not materially changed since June 2020.

How Large is 6 BUDWORTH CLOSE?

6 BUDWORTH CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 6 BUDWORTH CLOSE lies on this distribution: 77% of detached houses houses are smaller than 6 BUDWORTH CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Billingham.

6 BUDWORTH CLOSE: Plot and Title Map

6 BUDWORTH CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 6 BUDWORTH 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 6 BUDWORTH 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 6 BUDWORTH CLOSE?

6 BUDWORTH CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 6 on BUDWORTH CLOSE.