2, IVESTON GROVE, BILLINGHAM, TS22 5EA - £135,000

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 IVESTON GROVE is a very small semi-detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £189,605. It was last sold for £135,000 in March 2014, which was around 20% above the average March 2014 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

2 IVESTON GROVE Sold Prices

Land registry data shows two sales for 2 IVESTON GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. One of the two 2 IVESTON GROVE 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
2014 14 MAR	£135,000	£112,901	20% above HPI
2010 20 JAN	£107,500	£113,067	5% below HPI

2 IVESTON GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The two 2 IVESTON GROVE sales from January 2010 and March 2014 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 January 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 IVESTON GROVE be worth now?

2 IVESTON GROVE might now be worth an estimated £189,605.

This is based on house price inflation of 40.4%, between March 2014 and March 2025, for semi-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 40.4% inflationary increase is applied to the most recent sale price for 2 IVESTON GROVE of £135,000 on 14th March 2014. For the value to have increased from £135,000 to £189,605 over the eleven years to March 2025, the following assumptions must hold true:

• The value of 2 IVESTON GROVE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The March 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 IVESTON GROVE has not materially changed since March 2014.

How Large is 2 IVESTON GROVE?

2 IVESTON GROVE is 67m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Billingham, and where 2 IVESTON GROVE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 IVESTON GROVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Billingham.

2 IVESTON GROVE: Plot and Title Map

2 IVESTON GROVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 IVESTON GROVE, 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 IVESTON GROVE). 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 IVESTON GROVE?

2 IVESTON GROVE is located in BILLINGHAM, in the TS22 postcode district. The below map shows the position of No. 2 on IVESTON GROVE.