22, ELMS WAY, YARM, TS15 9AZ - £395,000

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.

22 ELMS WAY is a very large detached house of 165m², which could now be worth an estimated £433,807. It was last sold for £395,000 in February 2022, which was around 61% above the average February 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

22 ELMS WAY Sold Prices

Land registry data shows two sales for 22 ELMS WAY 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 22 ELMS WAY 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 25 FEB	£395,000	£245,693	61% above HPI
2018 23 MAR	£399,995	£217,907	84% above HPI

22 ELMS 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 two 22 ELMS WAY sales from March 2018 and February 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 March 2018 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the February 2022 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 22 ELMS WAY be worth now?

22 ELMS WAY might now be worth an estimated £433,807.

This is based on house price inflation of 9.8%, between February 2022 and February 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 9.8% inflationary increase is applied to the most recent sale price for 22 ELMS WAY of £395,000 on 25th February 2022. For the value to have increased from £395,000 to £433,807 over the three years to February 2025, the following assumptions must hold true:

• The value of 22 ELMS WAY has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The February 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ELMS WAY has not materially changed since February 2022.

How Large is 22 ELMS WAY?

22 ELMS WAY is 165m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yarm, and where 22 ELMS WAY lies on this distribution: 82% of detached houses houses are smaller than 22 ELMS WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Yarm.

22 ELMS WAY: Plot and Title Map

22 ELMS WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 22 ELMS 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 22 ELMS 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 22 ELMS WAY?

22 ELMS WAY is located in YARM, in the TS15 postcode district. The below map shows the position of No. 22 on ELMS WAY.