16, BRAEMAR ROAD, BILLINGHAM, TS23 2AF - £99,950

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.

16 BRAEMAR ROAD is a very small terraced house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £155,977. It was last sold for £99,950 in May 2005, which was around 23% above the average May 2005 terraced price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

16 BRAEMAR ROAD Sold Prices

Land registry data shows two sales for 16 BRAEMAR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Stockton-on-Tees local authority area for the corresponding sale date. One of the two 16 BRAEMAR ROAD sales was for above the average price, whilst the other was 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
2005 12 MAY	£99,950	£81,052	23% above HPI
1995 12 OCT	£28,000	£30,584	8% below HPI

16 BRAEMAR ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The two 16 BRAEMAR ROAD sales from October 1995 and May 2005 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 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2005 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 16 BRAEMAR ROAD be worth now?

16 BRAEMAR ROAD might now be worth an estimated £155,977.

This is based on house price inflation of 56.1%, between May 2005 and May 2026, for terraced 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 56.1% inflationary increase is applied to the most recent sale price for 16 BRAEMAR ROAD of £99,950 on 12th May 2005. For the value to have increased from £99,950 to £155,977 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 16 BRAEMAR ROAD has moved in line with the HPI for terraced houses in the Stockton-on-Tees local authority area.
• The May 2005 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of 16 BRAEMAR ROAD has not materially changed since May 2005.

How Large is 16 BRAEMAR ROAD?

16 BRAEMAR ROAD is 78m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of terraced houses houses in Billingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Billingham, and where 16 BRAEMAR ROAD lies on this distribution: 18% of terraced houses houses are smaller than 16 BRAEMAR ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Billingham.

16 BRAEMAR ROAD: Plot and Title Map

16 BRAEMAR ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 16 BRAEMAR ROAD, 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 16 BRAEMAR ROAD). 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 16 BRAEMAR ROAD?

16 BRAEMAR ROAD is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 16 on BRAEMAR ROAD.