3, VANE CLOSE, WYNYARD, BILLINGHAM, TS22 5TF - £557,500

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.

3 VANE CLOSE is a large detached house of 226m², built sometime between 2007 and 2011, which could now be worth an estimated £626,090. It was last sold for £557,500 in March 2022, which was around 126% above the average March 2022 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

3 VANE CLOSE Sold Prices

Land registry data shows two sales for 3 VANE CLOSE 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 3 VANE 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
2022 21 MAR	£557,500	£246,945	126% above HPI
2005 12 DEC	£454,995	£200,160	127% above HPI

3 VANE 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 two 3 VANE CLOSE sales from December 2005 and March 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 December 2005 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the March 2022 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.

What might 3 VANE CLOSE be worth now?

3 VANE CLOSE might now be worth an estimated £626,090.

This is based on house price inflation of 12.3%, between March 2022 and April 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 12.3% inflationary increase is applied to the most recent sale price for 3 VANE CLOSE of £557,500 on 21st March 2022. For the value to have increased from £557,500 to £626,090 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3 VANE CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The March 2022 sale price of £557,500 represented a fair market value for the property.
• The size, condition, and specification of 3 VANE CLOSE has not materially changed since March 2022.

How Large is 3 VANE CLOSE?

3 VANE CLOSE is 226m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 3 VANE CLOSE lies on this distribution: 79% of detached houses houses are smaller than 3 VANE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

3 VANE CLOSE: Plot and Title Map

3 VANE CLOSE sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 3 VANE 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 3 VANE 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 3 VANE CLOSE?

3 VANE CLOSE is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 3 on VANE CLOSE.