15, HAZELMERE CLOSE, BILLINGHAM, TS22 5RQ - £292,500

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.

15 HAZELMERE CLOSE is a very large detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £377,946. It was last sold for £292,500 in July 2020, which was around 34% above the average July 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

15 HAZELMERE CLOSE Sold Prices

Land registry data shows two sales for 15 HAZELMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Both of the two 15 HAZELMERE 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
2020 3 JUL	£292,500	£218,308	34% above HPI
2012 23 NOV	£250,000	£200,040	25% above HPI

15 HAZELMERE 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 two 15 HAZELMERE CLOSE sales from November 2012 and July 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 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2020 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 15 HAZELMERE CLOSE be worth now?

15 HAZELMERE CLOSE might now be worth an estimated £377,946.

This is based on house price inflation of 29.2%, between July 2020 and June 2025, for 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 29.2% inflationary increase is applied to the most recent sale price for 15 HAZELMERE CLOSE of £292,500 on 3rd July 2020. For the value to have increased from £292,500 to £377,946 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 15 HAZELMERE CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2020 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HAZELMERE CLOSE has not materially changed since July 2020.

How Large is 15 HAZELMERE CLOSE?

15 HAZELMERE CLOSE is 131m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingham, and where 15 HAZELMERE CLOSE lies on this distribution: 84% of detached houses houses are smaller than 15 HAZELMERE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Billingham.

15 HAZELMERE CLOSE: Plot and Title Map

15 HAZELMERE CLOSE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 15 HAZELMERE 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 15 HAZELMERE 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 15 HAZELMERE CLOSE?

15 HAZELMERE CLOSE is located in BILLINGHAM, in the TS22 postcode district. The below map shows the position of No. 15 on HAZELMERE CLOSE.