5, SPELL CLOSE, YARM, TS15 9SD - £71,000

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.

5 SPELL CLOSE is a detached house, which could now be worth an estimated £242,975. It was last sold for £71,000 in July 1998, which was around 12% below the average July 1998 detached price in the Stockton-on-Tees local authority area.

5 SPELL CLOSE Sold Prices

Land registry data shows one sale for 5 SPELL 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
1998 24 JUL	£71,000	£80,468	12% below HPI

What might 5 SPELL CLOSE be worth now?

5 SPELL CLOSE might now be worth an estimated £242,975.

This is based on house price inflation of 242.2%, between July 1998 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 242.2% inflationary increase is applied to the most recent sale price for 5 SPELL CLOSE of £71,000 on 24th July 1998. For the value to have increased from £71,000 to £242,975 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 5 SPELL CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The July 1998 sale price of £71,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPELL CLOSE has not materially changed since July 1998.

Where is 5 SPELL CLOSE?

5 SPELL CLOSE is located in YARM, in the TS15 postcode district.