3, SHELLEY CLOSE, BILLINGHAM, TS23 3FE - £225,000

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.

3 SHELLEY CLOSE is a large detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £281,852. It was last sold for £225,000 in January 2020, which was around 2% above the average January 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

3 SHELLEY CLOSE Sold Prices

Land registry data shows one sale for 3 SHELLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2020 2 JAN	£225,000	£219,830	2% above HPI

What might 3 SHELLEY CLOSE be worth now?

3 SHELLEY CLOSE might now be worth an estimated £281,852.

This is based on house price inflation of 25.3%, between January 2020 and May 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 25.3% inflationary increase is applied to the most recent sale price for 3 SHELLEY CLOSE of £225,000 on 2nd January 2020. For the value to have increased from £225,000 to £281,852 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 SHELLEY CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The January 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHELLEY CLOSE has not materially changed since January 2020.

How Large is 3 SHELLEY CLOSE?

3 SHELLEY CLOSE is 118m² according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 3 SHELLEY CLOSE lies on this distribution: 74% of detached houses are smaller than 3 SHELLEY CLOSE, and 25% of detached houses are larger. Note that EPC data is not available for all properties in Billingham.

3 SHELLEY CLOSE: Plot

3 SHELLEY CLOSE sits on a plot of roughly 0.113 of an acre, or 458m².

Where is 3 SHELLEY CLOSE?

3 SHELLEY CLOSE is located in BILLINGHAM, in the TS23 postcode district.