7, AUSTEN CLOSE, BILLINGHAM, TS23 3GT - £308,000

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

7 AUSTEN CLOSE is a large extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £318,262. It was last sold for £308,000 in October 2022, which was around 18% above the average October 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

7 AUSTEN CLOSE Sold Prices

Land registry data shows three sales for 7 AUSTEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 7 AUSTEN CLOSE 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
2022 28 OCT	£308,000	£261,131	18% above HPI
2006 20 OCT	£220,000	£210,444	5% above HPI
2002 25 JAN	£109,000	£97,795	11% above HPI

7 AUSTEN 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 three 7 AUSTEN CLOSE sales between January 2002 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 October 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 AUSTEN CLOSE be worth now?

7 AUSTEN CLOSE might now be worth an estimated £318,262.

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 7 AUSTEN CLOSE of £308,000 on 28th October 2022. For the value to have increased from £308,000 to £318,262 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 AUSTEN 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 £308,000 represented a fair market value for the property.
• The size, condition, and specification of 7 AUSTEN CLOSE has not materially changed since October 2022.

How Large is 7 AUSTEN CLOSE?

7 AUSTEN CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 7 AUSTEN CLOSE lies on this distribution: 79% of detached houses houses are smaller than 7 AUSTEN CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Billingham.

7 AUSTEN CLOSE: Plot and Title Map

7 AUSTEN CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 AUSTEN 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 7 AUSTEN 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 7 AUSTEN CLOSE?

7 AUSTEN CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 7 on AUSTEN CLOSE.