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

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

8 SHOTLEY CLOSE is a midsized detached house of 97m², built sometime between 1976 and 1982. It was last sold for £140,000 in June 2004, which was around 14% 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	£162,787	14% below HPI
1997 21 AUG	£64,500	£77,461	17% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2004 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 8 SHOTLEY CLOSE lies on this distribution: 43% of detached 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.