8, SLEDMERE CLOSE, BILLINGHAM, TS23 3LA - £117,000

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 SLEDMERE CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £128,824. It was last sold for £117,000 in March 2022, which was around 18% below the average March 2022 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

8 SLEDMERE CLOSE Sold Prices

Land registry data shows five sales for 8 SLEDMERE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. The five 8 SLEDMERE CLOSE sales were a mix of below the average price, and roughly equal to 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
2022 18 MAR	£117,000	£142,888	18% below HPI
2018 20 JUL	£87,500	£127,219	31% below HPI
2004 27 FEB	£81,000	£81,289	Close to HPI
2003 10 JAN	£56,950	£63,059	10% below HPI
2001 12 NOV	£43,250	£49,065	12% below HPI

8 SLEDMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The five 8 SLEDMERE CLOSE sales between November 2001 and March 2022 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 July 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 SLEDMERE CLOSE be worth now?

8 SLEDMERE CLOSE might now be worth an estimated £128,824.

This is based on house price inflation of 10.1%, between March 2022 and February 2025, for semi-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 10.1% inflationary increase is applied to the most recent sale price for 8 SLEDMERE CLOSE of £117,000 on 18th March 2022. For the value to have increased from £117,000 to £128,824 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 8 SLEDMERE CLOSE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The March 2022 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SLEDMERE CLOSE has not materially changed since March 2022.

How Large is 8 SLEDMERE CLOSE?

8 SLEDMERE CLOSE is 55m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billingham, and where 8 SLEDMERE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 SLEDMERE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Billingham.

8 SLEDMERE CLOSE: Plot and Title Map

8 SLEDMERE CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 8 SLEDMERE 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 SLEDMERE 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 SLEDMERE CLOSE?

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