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
9 SPRING BANK WOOD is a very small extended semi-detached house of 72m², built sometime between 1996 and 2002. It was last sold for £160,000 in April 2015, which was around 20% below the average April 2015 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 9 SPRING BANK WOOD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Most of the four 9 SPRING BANK WOOD 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 |
---|---|---|---|
2015 23 APR | £160,000 | £198,770 | 20% below HPI |
2002 29 OCT | £107,000 | £107,908 | 1% below HPI |
2001 3 MAY | £85,000 | £91,050 | 7% below HPI |
1998 31 MAR | £76,500 | £74,879 | 2% above HPI |
The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The four 9 SPRING BANK WOOD sales between March 1998 and April 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 October 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
9 SPRING BANK WOOD is 72m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Wynyard Village, based on EPC data. The below chart shows the distribution of detached houses by size in Wynyard Village, and where 9 SPRING BANK WOOD lies on this distribution: Less than 1% of detached houses are smaller than 9 SPRING BANK WOOD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.
9 SPRING BANK WOOD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 9 SPRING BANK WOOD, 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 9 SPRING BANK WOOD). 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.
9 SPRING BANK WOOD is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 9 on SPRING BANK WOOD.