2, LEICESTER WAY, EAGLESCLIFFE, STOCKTON-ON-TEES, TS16 0LP - £205,000

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 LEICESTER WAY is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £219,047. It was last sold for £205,000 in December 2022, which was around 22% below the average December 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 LEICESTER WAY Sold Prices

Land registry data shows six sales for 2 LEICESTER WAY 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 LEICESTER WAY sales were 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
2022 20 DEC	£205,000	£263,992	22% below HPI
2009 26 JAN	£131,000	£199,226	34% below HPI
2007 10 JAN	£167,000	£207,783	20% below HPI
2004 18 JUN	£145,000	£166,888	13% below HPI
2003 11 JUL	£123,000	£129,497	5% below HPI
2002 15 MAR	£81,000	£101,253	20% below HPI

2 LEICESTER WAY 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 LEICESTER WAY sales between March 2002 and December 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 January 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 LEICESTER WAY be worth now?

2 LEICESTER WAY might now be worth an estimated £219,047.

This is based on house price inflation of 6.9%, between December 2022 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 6.9% inflationary increase is applied to the most recent sale price for 2 LEICESTER WAY of £205,000 on 20th December 2022. For the value to have increased from £205,000 to £219,047 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 2 LEICESTER WAY has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The December 2022 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEICESTER WAY has not materially changed since December 2022.

How Large is 2 LEICESTER WAY?

2 LEICESTER WAY is 71m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Egglescliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Egglescliffe, and where 2 LEICESTER WAY lies on this distribution: 4% of detached houses houses are smaller than 2 LEICESTER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Egglescliffe.

2 LEICESTER WAY: Plot and Title Map

2 LEICESTER WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 LEICESTER WAY, 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 LEICESTER WAY). 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 LEICESTER WAY?

2 LEICESTER WAY is located in EAGLESCLIFFE, in the TS16 postcode district. The below map shows the position of No. 2 on LEICESTER WAY.