16, PARK VIEW, BILLINGHAM, TS23 2EX - £117,500

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.

16 PARK VIEW is a small terraced house of 86m², built sometime between 2007 and 2011, which could now be worth an estimated £135,542. It was last sold for £117,500 in April 2022, which was around 7% above the average April 2022 terraced price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

16 PARK VIEW Sold Prices

Land registry data shows two sales for 16 PARK VIEW 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. Both of the two 16 PARK VIEW 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 22 APR	£117,500	£110,252	7% above HPI
2010 25 JUN	£145,500	£90,354	61% above HPI

16 PARK VIEW 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 PARK VIEW sales from June 2010 and April 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 June 2010 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the April 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 PARK VIEW be worth now?

16 PARK VIEW might now be worth an estimated £135,542.

This is based on house price inflation of 15.4%, between April 2022 and June 2025, 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 15.4% inflationary increase is applied to the most recent sale price for 16 PARK VIEW of £117,500 on 22nd April 2022. For the value to have increased from £117,500 to £135,542 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 16 PARK VIEW has moved in line with the HPI for terraced houses in the Stockton-on-Tees local authority area.
• The April 2022 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK VIEW has not materially changed since April 2022.

How Large is 16 PARK VIEW?

16 PARK VIEW is 86m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% 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 PARK VIEW lies on this distribution: 28% of terraced houses houses are smaller than 16 PARK VIEW, and 71% of houses are larger. Note that EPC data is not available for all properties in Billingham.

16 PARK VIEW: Plot and Title Map

16 PARK VIEW sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 16 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

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