2, SILVERMEDE ROAD, WYNYARD, BILLINGHAM, TS22 5FR - £245,000

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 SILVERMEDE ROAD is a very small detached house of 119m², built in 2017, which could now be worth an estimated £285,341. It was last sold for £245,000 in July 2021, which was around 4% above the average July 2021 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

2 SILVERMEDE ROAD Sold Prices

Land registry data shows two sales for 2 SILVERMEDE ROAD 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 2 SILVERMEDE ROAD 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
2021 30 JUL	£245,000	£236,444	4% above HPI
2018 23 FEB	£257,995	£218,756	18% above HPI

2 SILVERMEDE ROAD 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 2 SILVERMEDE ROAD sales from February 2018 and July 2021 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 February 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 SILVERMEDE ROAD be worth now?

2 SILVERMEDE ROAD might now be worth an estimated £285,341.

This is based on house price inflation of 16.5%, between July 2021 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 16.5% inflationary increase is applied to the most recent sale price for 2 SILVERMEDE ROAD of £245,000 on 30th July 2021. For the value to have increased from £245,000 to £285,341 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 2 SILVERMEDE ROAD has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SILVERMEDE ROAD has not materially changed since July 2021.

How Large is 2 SILVERMEDE ROAD?

2 SILVERMEDE ROAD is 119m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% 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 SILVERMEDE ROAD lies on this distribution: 16% of detached houses houses are smaller than 2 SILVERMEDE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

2 SILVERMEDE ROAD: Plot and Title Map

2 SILVERMEDE ROAD sits on a plot of roughly 193.5 acres, or 783,235m². The below map shows the location of 2 SILVERMEDE ROAD, 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 SILVERMEDE ROAD). 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 SILVERMEDE ROAD?

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