41, KNOLE ROAD, BILLINGHAM, TS23 3BJ - £57,500

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.

41 KNOLE ROAD is a small semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £74,630. It was last sold for £57,500 in November 2018, which was around 54% below the average November 2018 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

41 KNOLE ROAD Sold Prices

Land registry data shows two sales for 41 KNOLE ROAD 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. Both of the two 41 KNOLE ROAD 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
2018 19 NOV	£57,500	£125,600	54% below HPI
2007 9 MAR	£80,000	£123,454	35% below HPI

41 KNOLE ROAD 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 41 KNOLE ROAD sales from March 2007 and November 2018 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 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2018 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 41 KNOLE ROAD be worth now?

41 KNOLE ROAD might now be worth an estimated £74,630.

This is based on house price inflation of 29.8%, between November 2018 and May 2026, 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 29.8% inflationary increase is applied to the most recent sale price for 41 KNOLE ROAD of £57,500 on 19th November 2018. For the value to have increased from £57,500 to £74,630 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 41 KNOLE ROAD has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The November 2018 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 41 KNOLE ROAD has not materially changed since November 2018.

How Large is 41 KNOLE ROAD?

41 KNOLE ROAD is 86m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 41 KNOLE ROAD lies on this distribution: 28% of semi-detached houses houses are smaller than 41 KNOLE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Billingham.

41 KNOLE ROAD: Plot and Title Map

41 KNOLE ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 41 KNOLE 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 41 KNOLE 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 41 KNOLE ROAD?

41 KNOLE ROAD is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 41 on KNOLE ROAD.