78, EAST AVENUE, BILLINGHAM, TS23 1BY - £135,000

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.

78 EAST AVENUE is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £163,815. It was last sold for £135,000 in February 2019, which was around 39% below the average February 2019 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

78 EAST AVENUE Sold Prices

Land registry data shows two sales for 78 EAST AVENUE 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 78 EAST 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
2019 4 FEB	£135,000	£222,368	39% below HPI
2004 10 AUG	£141,000	£179,634	22% below HPI

78 EAST 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 two 78 EAST AVENUE sales from August 2004 and February 2019 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 August 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 78 EAST AVENUE be worth now?

78 EAST AVENUE might now be worth an estimated £163,815.

This is based on house price inflation of 21.3%, between February 2019 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 21.3% inflationary increase is applied to the most recent sale price for 78 EAST AVENUE of £135,000 on 4th February 2019. For the value to have increased from £135,000 to £163,815 over the six years to February 2025, the following assumptions must hold true:

• The value of 78 EAST AVENUE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The February 2019 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 78 EAST AVENUE has not materially changed since February 2019.

How Large is 78 EAST AVENUE?

78 EAST AVENUE is 73m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% 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 78 EAST AVENUE lies on this distribution: 11% of detached houses houses are smaller than 78 EAST AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Billingham.

78 EAST AVENUE: Plot and Title Map

78 EAST AVENUE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 78 EAST 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 78 EAST 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 78 EAST AVENUE?

78 EAST AVENUE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 78 on EAST AVENUE.