7, MORELAND CLOSE, WOLVISTON, BILLINGHAM, TS22 5LX - £252,500

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 MORELAND CLOSE is a small extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £331,598. It was last sold for £252,500 in October 2015, which was around 21% above the average October 2015 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

7 MORELAND CLOSE Sold Prices

Land registry data shows two sales for 7 MORELAND 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 7 MORELAND 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
2015 23 OCT	£252,500	£207,921	21% above HPI
2003 30 JUN	£143,000	£127,806	12% above HPI

7 MORELAND 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 7 MORELAND CLOSE sales from June 2003 and October 2015 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 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 MORELAND CLOSE be worth now?

7 MORELAND CLOSE might now be worth an estimated £331,598.

This is based on house price inflation of 31.3%, between October 2015 and December 2024, 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 31.3% inflationary increase is applied to the most recent sale price for 7 MORELAND CLOSE of £252,500 on 23rd October 2015. For the value to have increased from £252,500 to £331,598 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 MORELAND CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The October 2015 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MORELAND CLOSE has not materially changed since October 2015.

How Large is 7 MORELAND CLOSE?

7 MORELAND CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses houses in Wolviston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolviston, and where 7 MORELAND CLOSE lies on this distribution: 38% of detached houses houses are smaller than 7 MORELAND CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wolviston.

7 MORELAND CLOSE: Plot and Title Map

7 MORELAND CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 MORELAND 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 MORELAND 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 MORELAND CLOSE?

7 MORELAND CLOSE is located in WOLVISTON, in the TS22 postcode district. The below map shows the position of No. 7 on MORELAND CLOSE.