2, FORESTERS CLOSE, WYNYARD, BILLINGHAM, TS22 5SZ - £750,000

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.

2 FORESTERS CLOSE is a very large extended detached house of 359m², built sometime between 1996 and 2002, which could now be worth an estimated £937,844. It was last sold for £750,000 in July 2019, which was around 241% above the average July 2019 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 FORESTERS CLOSE Sold Prices

Land registry data shows six sales for 2 FORESTERS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the six 2 FORESTERS 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
2019 23 JUL	£750,000	£220,220	241% above HPI
2015 19 JUN	£696,000	£203,423	242% above HPI
2008 23 APR	£525,000	£222,525	136% above HPI
2004 9 NOV	£530,000	£178,997	196% above HPI
2003 7 NOV	£400,000	£142,878	180% above HPI
2001 29 MAR	£299,000	£86,572	245% above HPI

2 FORESTERS 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 six 2 FORESTERS CLOSE sales between March 2001 and July 2019 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 2015 sale was for 242% above the HPI. So the extrapolation line tracks at 242% above the HPI over time, until the July 2019 sale, where it falls to 241% above the HPI. The line then continues to track at 241% above the HPI.

What might 2 FORESTERS CLOSE be worth now?

2 FORESTERS CLOSE might now be worth an estimated £937,844.

This is based on house price inflation of 25%, between July 2019 and May 2026, 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 25% inflationary increase is applied to the most recent sale price for 2 FORESTERS CLOSE of £750,000 on 23rd July 2019. For the value to have increased from £750,000 to £937,844 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 2 FORESTERS CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2019 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORESTERS CLOSE has not materially changed since July 2019.

How Large is 2 FORESTERS CLOSE?

2 FORESTERS CLOSE is 359m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses houses in Wynyard Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wynyard Village, and where 2 FORESTERS CLOSE lies on this distribution: 94% of detached houses houses are smaller than 2 FORESTERS CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

2 FORESTERS CLOSE: Plot and Title Map

2 FORESTERS CLOSE sits on a plot of roughly 0.235 of an acre, or 949m². The below map shows the location of 2 FORESTERS 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 2 FORESTERS 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 2 FORESTERS CLOSE?

2 FORESTERS CLOSE is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 2 on FORESTERS CLOSE.