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 MILLAIS GROVE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £192,000 in April 2017, which was around 10% below the average April 2017 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 MILLAIS GROVE since 1st 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 7 MILLAIS GROVE 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 |
---|---|---|---|
2017 18 APR | £192,000 | £212,819 | 10% below HPI |
1997 27 JUN | £51,995 | £77,308 | 33% below HPI |
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 7 MILLAIS GROVE sales from June 1997 and April 2017 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 June 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
7 MILLAIS GROVE is 77m² according to the EPC inspection conducted in December 2015. 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 MILLAIS GROVE lies on this distribution: 17% of detached houses are smaller than 7 MILLAIS GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Billingham.
7 MILLAIS GROVE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 7 MILLAIS GROVE, 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 MILLAIS GROVE). 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.
7 MILLAIS GROVE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 7 on MILLAIS GROVE.