14, DRIFFIELD WAY, BILLINGHAM, TS23 3RD - £157,500

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.

14 DRIFFIELD WAY is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £164,412. It was last sold for £157,500 in October 2022, which was around 4% above the average October 2022 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

14 DRIFFIELD WAY Sold Prices

Land registry data shows four sales for 14 DRIFFIELD WAY 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 14 DRIFFIELD WAY 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 14 OCT	£157,500	£151,901	4% above HPI
2005 9 DEC	£122,500	£116,579	5% above HPI
2003 31 JAN	£66,950	£63,059	6% above HPI
1996 27 SEP	£39,995	£41,994	5% below HPI

14 DRIFFIELD WAY 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 14 DRIFFIELD WAY sales between September 1996 and October 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 December 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 14 DRIFFIELD WAY be worth now?

14 DRIFFIELD WAY might now be worth an estimated £164,412.

This is based on house price inflation of 4.4%, between October 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 4.4% inflationary increase is applied to the most recent sale price for 14 DRIFFIELD WAY of £157,500 on 14th October 2022. For the value to have increased from £157,500 to £164,412 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 14 DRIFFIELD WAY has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The October 2022 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 14 DRIFFIELD WAY has not materially changed since October 2022.

How Large is 14 DRIFFIELD WAY?

14 DRIFFIELD WAY is 72m² according to the EPC inspection conducted in June 2022. 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 14 DRIFFIELD WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 14 DRIFFIELD WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Billingham.

14 DRIFFIELD WAY: Plot and Title Map

14 DRIFFIELD WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 14 DRIFFIELD WAY, 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 14 DRIFFIELD WAY). 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 14 DRIFFIELD WAY?

14 DRIFFIELD WAY is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 14 on DRIFFIELD WAY.