51, NORTHPARK, BILLINGHAM, TS23 3SU - £65,000

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.

51 NORTHPARK is a very small semi-detached house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £84,604. It was last sold for £65,000 in May 2019, which was around 48% below the average May 2019 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

51 NORTHPARK Sold Prices

Land registry data shows two sales for 51 NORTHPARK 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 51 NORTHPARK 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
2019 15 MAY	£65,000	£125,244	48% below HPI
2002 28 JUN	£45,000	£53,781	16% below HPI

51 NORTHPARK 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 51 NORTHPARK sales from June 2002 and May 2019 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 June 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 51 NORTHPARK be worth now?

51 NORTHPARK might now be worth an estimated £84,604.

This is based on house price inflation of 30.2%, between May 2019 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 30.2% inflationary increase is applied to the most recent sale price for 51 NORTHPARK of £65,000 on 15th May 2019. For the value to have increased from £65,000 to £84,604 over the seven years to May 2026, the following assumptions must hold true:

• The value of 51 NORTHPARK has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The May 2019 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 51 NORTHPARK has not materially changed since May 2019.

How Large is 51 NORTHPARK?

51 NORTHPARK is 52m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 51 NORTHPARK lies on this distribution: 1% of semi-detached houses houses are smaller than 51 NORTHPARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Billingham.

51 NORTHPARK: Plot and Title Map

51 NORTHPARK sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 51 NORTHPARK, 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 51 NORTHPARK). 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 51 NORTHPARK?

51 NORTHPARK is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 51 on NORTHPARK.