8, STEVENSON CLOSE, YARM, TS15 9RL - £215,000

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 STEVENSON CLOSE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £288,840. It was last sold for £215,000 in July 2015, which was around 4% above the average July 2015 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

8 STEVENSON CLOSE Sold Prices

Land registry data shows three sales for 8 STEVENSON 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. One of the three 8 STEVENSON CLOSE sales was for above the average price, whilst two 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
2015 10 JUL	£215,000	£206,430	4% above HPI
2012 3 JUL	£186,000	£200,446	7% below HPI
1997 3 FEB	£58,500	£76,440	23% below HPI

8 STEVENSON 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 8 STEVENSON CLOSE sales between February 1997 and July 2015 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 July 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 8 STEVENSON CLOSE be worth now?

8 STEVENSON CLOSE might now be worth an estimated £288,840.

This is based on house price inflation of 34.3%, between July 2015 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 34.3% inflationary increase is applied to the most recent sale price for 8 STEVENSON CLOSE of £215,000 on 10th July 2015. For the value to have increased from £215,000 to £288,840 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 8 STEVENSON CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STEVENSON CLOSE has not materially changed since July 2015.

How Large is 8 STEVENSON CLOSE?

8 STEVENSON CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yarm, and where 8 STEVENSON CLOSE lies on this distribution: 13% of detached houses houses are smaller than 8 STEVENSON CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Yarm.

8 STEVENSON CLOSE: Plot and Title Map

8 STEVENSON CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 8 STEVENSON 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 STEVENSON 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 STEVENSON CLOSE?

8 STEVENSON CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 8 on STEVENSON CLOSE.