14, SPRINGWELL CLOSE, BILLINGHAM, TS23 3FB - £160,000

14 SPRINGWELL CLOSE is a small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £160,000 in August 2020, which was around 25% below the average August 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

14 SPRINGWELL CLOSE Sold Prices

Land registry data shows five sales for 14 SPRINGWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Most of the five 14 SPRINGWELL 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
2020 28 AUG	£160,000	£213,073	25% below HPI
2009 6 NOV	£127,000	£194,053	35% below HPI
2009 30 JUN	£125,000	£194,462	36% below HPI
2009 26 JUN	£220,000	£194,462	13% above HPI
2003 29 SEP	£120,000	£136,626	12% below HPI

14 SPRINGWELL 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 five 14 SPRINGWELL CLOSE sales between September 2003 and August 2020 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 November 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 SPRINGWELL CLOSE?

14 SPRINGWELL CLOSE is 80m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 14 SPRINGWELL CLOSE lies on this distribution: 20% of detached houses are smaller than 14 SPRINGWELL CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Billingham.

14 SPRINGWELL CLOSE: Plot and Title Map

14 SPRINGWELL CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 14 SPRINGWELL 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 14 SPRINGWELL 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 14 SPRINGWELL CLOSE?

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