12, STUBBS CLOSE, BILLINGHAM, TS23 3GH - £137,500

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.

12 STUBBS CLOSE is a very small extended semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £150,396. It was last sold for £137,500 in May 2022, which was around 5% below the average May 2022 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

12 STUBBS CLOSE Sold Prices

Land registry data shows four sales for 12 STUBBS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Most of the four 12 STUBBS CLOSE sales were for above 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 23 MAY	£137,500	£144,970	5% below HPI
2014 30 MAY	£120,000	£117,832	2% above HPI
2001 30 AUG	£58,250	£49,438	18% above HPI
1997 14 NOV	£49,950	£42,499	18% above HPI

12 STUBBS 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 four 12 STUBBS CLOSE sales between November 1997 and May 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 May 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 STUBBS CLOSE be worth now?

12 STUBBS CLOSE might now be worth an estimated £150,396.

This is based on house price inflation of 9.4%, between May 2022 and March 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 9.4% inflationary increase is applied to the most recent sale price for 12 STUBBS CLOSE of £137,500 on 23rd May 2022. For the value to have increased from £137,500 to £150,396 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 12 STUBBS CLOSE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The May 2022 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 12 STUBBS CLOSE has not materially changed since May 2022.

How Large is 12 STUBBS CLOSE?

12 STUBBS CLOSE is 71m², which includes two extensions, according to the EPC inspection conducted in February 2014. 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 12 STUBBS CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 12 STUBBS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Billingham.

12 STUBBS CLOSE: Plot and Title Map

12 STUBBS CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 12 STUBBS 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 12 STUBBS 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 12 STUBBS CLOSE?

12 STUBBS CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 12 on STUBBS CLOSE.