8, HAZELMERE CLOSE, BILLINGHAM, TS22 5RQ - £195,000

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 HAZELMERE CLOSE is a very small detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £245,342. It was last sold for £195,000 in May 2020, which was around 11% below the average May 2020 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 HAZELMERE CLOSE Sold Prices

Land registry data shows one sale for 8 HAZELMERE 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 29 MAY	£195,000	£218,871	11% below HPI

What might 8 HAZELMERE CLOSE be worth now?

8 HAZELMERE CLOSE might now be worth an estimated £245,342.

This is based on house price inflation of 25.8%, between May 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 25.8% inflationary increase is applied to the most recent sale price for 8 HAZELMERE CLOSE of £195,000 on 29th May 2020. For the value to have increased from £195,000 to £245,342 over the six years to May 2026, the following assumptions must hold true:

• The value of 8 HAZELMERE CLOSE has moved in line with the HPI for detached houses in the Stockton-on-Tees local authority area.
• The May 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HAZELMERE CLOSE has not materially changed since May 2020.

How Large is 8 HAZELMERE CLOSE?

8 HAZELMERE CLOSE is 62m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses in Billingham, based on EPC data. The below chart shows the distribution of detached houses by size in Billingham, and where 8 HAZELMERE CLOSE lies on this distribution: 2% of detached houses are smaller than 8 HAZELMERE CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Billingham.

8 HAZELMERE CLOSE: Plot

8 HAZELMERE CLOSE sits on a plot of roughly 0.091 of an acre, or 367m².

Where is 8 HAZELMERE CLOSE?

8 HAZELMERE CLOSE is located in BILLINGHAM, in the TS22 postcode district.