7, LANCHESTER AVENUE, BILLINGHAM, TS23 2TD - £147,500

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

7 LANCHESTER AVENUE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £147,500 in February 2020, which was around 30% below the average February 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

7 LANCHESTER AVENUE Sold Prices

Land registry data shows three sales for 7 LANCHESTER AVENUE 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 LANCHESTER AVENUE 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 19 FEB	£147,500	£210,243	30% below HPI
2006 29 SEP	£143,000	£207,417	31% below HPI
2002 28 MAR	£75,000	£98,764	24% below HPI

7 LANCHESTER AVENUE 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 LANCHESTER AVENUE sales between March 2002 and February 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 September 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 LANCHESTER AVENUE?

7 LANCHESTER AVENUE is 74m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 7 LANCHESTER AVENUE lies on this distribution: 13% of detached houses are smaller than 7 LANCHESTER AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Billingham.

7 LANCHESTER AVENUE: Plot and Title Map

7 LANCHESTER AVENUE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 7 LANCHESTER AVENUE, 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 LANCHESTER AVENUE). 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 LANCHESTER AVENUE?

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