7, SPEETON CLOSE, BILLINGHAM, TS23 3YH - £111,000

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.

7 SPEETON CLOSE is a very large extended detached house of 137m², built sometime between 1976 and 1982, which could now be worth an estimated £155,549. It was last sold for £111,000 in August 2011, which was around 45% below the average August 2011 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

7 SPEETON CLOSE Sold Prices

Land registry data shows three sales for 7 SPEETON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Two of the three 7 SPEETON CLOSE sales were for below the average price, whilst one was 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
2011 5 AUG	£111,000	£201,293	45% below HPI
2010 7 MAY	£180,000	£202,855	11% below HPI
2005 6 SEP	£219,000	£198,437	10% above HPI

7 SPEETON 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 three 7 SPEETON CLOSE sales between September 2005 and August 2011 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 May 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2011 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 7 SPEETON CLOSE be worth now?

7 SPEETON CLOSE might now be worth an estimated £155,549.

This is based on house price inflation of 40.1%, between August 2011 and June 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 40.1% inflationary increase is applied to the most recent sale price for 7 SPEETON CLOSE of £111,000 on 5th August 2011. For the value to have increased from £111,000 to £155,549 over the fourteen years and two months to June 2025, the following assumptions must hold true:

• The value of 7 SPEETON CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The August 2011 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPEETON CLOSE has not materially changed since August 2011.

How Large is 7 SPEETON CLOSE?

7 SPEETON CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingham, and where 7 SPEETON CLOSE lies on this distribution: 88% of detached houses houses are smaller than 7 SPEETON CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Billingham.

7 SPEETON CLOSE: Plot and Title Map

7 SPEETON CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 7 SPEETON 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 7 SPEETON 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 7 SPEETON CLOSE?

7 SPEETON CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 7 on SPEETON CLOSE.