8, SPRINGWELL CLOSE, BILLINGHAM, TS23 3FB - £90,000

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 SPRINGWELL CLOSE is a very small extended terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £195,001. It was last sold for £90,000 in December 2003, which was around 54% above the average December 2003 terraced price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

8 SPRINGWELL CLOSE Sold Prices

Land registry data shows one sale for 8 SPRINGWELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2003 12 DEC	£90,000	£58,423	54% above HPI

What might 8 SPRINGWELL CLOSE be worth now?

8 SPRINGWELL CLOSE might now be worth an estimated £195,001.

This is based on house price inflation of 116.7%, between December 2003 and April 2026, for terraced 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 116.7% inflationary increase is applied to the most recent sale price for 8 SPRINGWELL CLOSE of £90,000 on 12th December 2003. For the value to have increased from £90,000 to £195,001 over the 23 years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 SPRINGWELL CLOSE has moved in line with the HPI for terraced houses in the Stockton-on-Tees local authority area.
• The December 2003 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRINGWELL CLOSE has not materially changed since December 2003.

How Large is 8 SPRINGWELL CLOSE?

8 SPRINGWELL CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of terraced houses in Billingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Billingham, and where 8 SPRINGWELL CLOSE lies on this distribution: 14% of terraced houses are smaller than 8 SPRINGWELL CLOSE, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Billingham.

8 SPRINGWELL CLOSE: Plot

8 SPRINGWELL CLOSE sits on a plot of roughly 0.073 of an acre, or 296m².

Where is 8 SPRINGWELL CLOSE?

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