8, SHELLEY CLOSE, BILLINGHAM, TS23 3FE - £162,000

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.

8 SHELLEY CLOSE is a small extended semi-detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £215,556. It was last sold for £162,000 in April 2018, which was around 31% above the average April 2018 semi-detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

8 SHELLEY CLOSE Sold Prices

Land registry data shows three sales for 8 SHELLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the three 8 SHELLEY 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
2018 16 APR	£162,000	£123,470	31% above HPI
2018 26 JAN	£170,000	£123,010	38% above HPI
1996 29 MAR	£57,500	£42,472	35% above HPI

8 SHELLEY CLOSE 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 three 8 SHELLEY CLOSE sales between March 1996 and April 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 January 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 8 SHELLEY CLOSE be worth now?

8 SHELLEY CLOSE might now be worth an estimated £215,556.

This is based on house price inflation of 33.1%, between April 2018 and June 2025, 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 33.1% inflationary increase is applied to the most recent sale price for 8 SHELLEY CLOSE of £162,000 on 16th April 2018. For the value to have increased from £162,000 to £215,556 over the six years and ten months to June 2025, the following assumptions must hold true:

• The value of 8 SHELLEY CLOSE has moved in line with the HPI for semi-detached houses in the Stockton-on-Tees local authority area.
• The April 2018 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHELLEY CLOSE has not materially changed since April 2018.

How Large is 8 SHELLEY CLOSE?

8 SHELLEY CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 8 SHELLEY CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 8 SHELLEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Billingham.

8 SHELLEY CLOSE: Plot and Title Map

8 SHELLEY CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 8 SHELLEY 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 8 SHELLEY 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 8 SHELLEY CLOSE?

8 SHELLEY CLOSE is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 8 on SHELLEY CLOSE.