87, NORTHPARK, BILLINGHAM, TS23 3SU - £87,500

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.

87 NORTHPARK is a very small terraced house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £121,474. It was last sold for £87,500 in February 2016, which was around 4% below the average February 2016 terraced price in the Stockton-on-Tees local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

87 NORTHPARK Sold Prices

Land registry data shows four sales for 87 NORTHPARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Stockton-on-Tees local authority area for the corresponding sale date. Most of the four 87 NORTHPARK 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
2016 5 FEB	£87,500	£91,110	4% below HPI
2009 21 AUG	£99,000	£89,271	11% above HPI
2001 3 AUG	£38,500	£35,327	9% above HPI
1995 10 MAR	£36,750	£31,201	18% above HPI

87 NORTHPARK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The four 87 NORTHPARK sales between March 1995 and February 2016 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 August 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 87 NORTHPARK be worth now?

87 NORTHPARK might now be worth an estimated £121,474.

This is based on house price inflation of 38.8%, between February 2016 and May 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 38.8% inflationary increase is applied to the most recent sale price for 87 NORTHPARK of £87,500 on 5th February 2016. For the value to have increased from £87,500 to £121,474 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 87 NORTHPARK has moved in line with the HPI for terraced houses in the Stockton-on-Tees local authority area.
• The February 2016 sale price of £87,500 represented a fair market value for the property.
• The size, condition, and specification of 87 NORTHPARK has not materially changed since February 2016.

How Large is 87 NORTHPARK?

87 NORTHPARK is 46m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of terraced houses houses in Billingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Billingham, and where 87 NORTHPARK lies on this distribution: Less than 1% of terraced houses houses are smaller than 87 NORTHPARK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Billingham.

87 NORTHPARK: Plot and Title Map

87 NORTHPARK sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 87 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 87 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 87 NORTHPARK?

87 NORTHPARK is located in BILLINGHAM, in the TS23 postcode district. The below map shows the position of No. 87 on NORTHPARK.