8, SHOTLEY CLOSE, BILLINGHAM, TS23 2TB - £140,000

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.

8 SHOTLEY CLOSE is a midsized detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £226,357. It was last sold for £140,000 in June 2004, which was around 16% below the average June 2004 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

8 SHOTLEY CLOSE Sold Prices

Land registry data shows two sales for 8 SHOTLEY 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 8 SHOTLEY CLOSE 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
2004 7 JUN	£140,000	£166,888	16% below HPI
1997 21 AUG	£64,500	£79,412	19% below HPI

8 SHOTLEY 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 8 SHOTLEY CLOSE sales from August 1997 and June 2004 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2004 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 SHOTLEY CLOSE be worth now?

8 SHOTLEY CLOSE might now be worth an estimated £226,357.

This is based on house price inflation of 61.7%, between June 2004 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 61.7% inflationary increase is applied to the most recent sale price for 8 SHOTLEY CLOSE of £140,000 on 7th June 2004. For the value to have increased from £140,000 to £226,357 over the 21 years and four months to February 2025, the following assumptions must hold true:

• The value of 8 SHOTLEY CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The June 2004 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHOTLEY CLOSE has not materially changed since June 2004.

How Large is 8 SHOTLEY CLOSE?

8 SHOTLEY CLOSE is 97m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 8 SHOTLEY CLOSE lies on this distribution: 43% of detached houses houses are smaller than 8 SHOTLEY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Billingham.

8 SHOTLEY CLOSE: Plot and Title Map

8 SHOTLEY CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 8 SHOTLEY 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 8 SHOTLEY 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 8 SHOTLEY CLOSE?

8 SHOTLEY CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 8 on SHOTLEY CLOSE.