5, SPRINGWELL CLOSE, BILLINGHAM, TS23 3FB - £182,000

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.

5 SPRINGWELL CLOSE is a large detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £238,686. It was last sold for £182,000 in May 2016, which was around 14% below the average May 2016 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

5 SPRINGWELL CLOSE Sold Prices

Land registry data shows one sale for 5 SPRINGWELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 20 MAY	£182,000	£211,464	14% below HPI

What might 5 SPRINGWELL CLOSE be worth now?

5 SPRINGWELL CLOSE might now be worth an estimated £238,686.

This is based on house price inflation of 31.1%, between May 2016 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 31.1% inflationary increase is applied to the most recent sale price for 5 SPRINGWELL CLOSE of £182,000 on 20th May 2016. For the value to have increased from £182,000 to £238,686 over the ten years and one month to April 2026, the following assumptions must hold true:

• The value of 5 SPRINGWELL CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The May 2016 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGWELL CLOSE has not materially changed since May 2016.

How Large is 5 SPRINGWELL CLOSE?

5 SPRINGWELL CLOSE is 111m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 5 SPRINGWELL CLOSE lies on this distribution: 64% of detached houses are smaller than 5 SPRINGWELL CLOSE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Billingham.

5 SPRINGWELL CLOSE: Plot

5 SPRINGWELL CLOSE sits on a plot of roughly 0.093 of an acre, or 376m².

Where is 5 SPRINGWELL CLOSE?

5 SPRINGWELL CLOSE is located in BILLINGHAM, in the TS23 postcode district.