16, LAX TERRACE, WOLVISTON, BILLINGHAM, TS22 5LE - £470,000

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 LAX TERRACE is a very large extended detached house of 229m², built sometime between 1967 and 1975, which could now be worth an estimated £661,666. It was last sold for £470,000 in May 2013, which was around 135% above the average May 2013 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

16 LAX TERRACE Sold Prices

Land registry data shows two sales for 16 LAX TERRACE 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 16 LAX TERRACE 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
2013 31 MAY	£470,000	£200,370	135% above HPI
2003 12 DEC	£215,000	£144,294	49% above HPI

16 LAX TERRACE 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 16 LAX TERRACE sales from December 2003 and May 2013 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 2003 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2013 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

What might 16 LAX TERRACE be worth now?

16 LAX TERRACE might now be worth an estimated £661,666.

This is based on house price inflation of 40.8%, between May 2013 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 40.8% inflationary increase is applied to the most recent sale price for 16 LAX TERRACE of £470,000 on 31st May 2013. For the value to have increased from £470,000 to £661,666 over the eleven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 LAX TERRACE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The May 2013 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAX TERRACE has not materially changed since May 2013.

How Large is 16 LAX TERRACE?

16 LAX TERRACE is 229m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses houses in Wolviston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolviston, and where 16 LAX TERRACE lies on this distribution: 82% of detached houses houses are smaller than 16 LAX TERRACE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wolviston.

16 LAX TERRACE: Plot and Title Map

16 LAX TERRACE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 16 LAX TERRACE, 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 LAX TERRACE). 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 LAX TERRACE?

16 LAX TERRACE is located in WOLVISTON, in the TS22 postcode district. The below map shows the position of No. 16 on LAX TERRACE.