11, THE LEAS, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2DS - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 THE LEAS is a small extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £465,172. It was last sold for £350,000 in October 2018, which was around 97% above the average October 2018 detached price in the County Durham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

11 THE LEAS Sold Prices

Land registry data shows two sales for 11 THE LEAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 11 THE LEAS 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
2018 5 OCT	£350,000	£177,692	97% above HPI
2011 6 OCT	£195,000	£169,017	15% above HPI

11 THE LEAS Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 11 THE LEAS sales from October 2011 and October 2018 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 October 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2018 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 11 THE LEAS be worth now?

11 THE LEAS might now be worth an estimated £465,172.

This is based on house price inflation of 32.9%, between October 2018 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.9% inflationary increase is applied to the most recent sale price for 11 THE LEAS of £350,000 on 5th October 2018. For the value to have increased from £350,000 to £465,172 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 THE LEAS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE LEAS has not materially changed since October 2018.

How Large is 11 THE LEAS?

11 THE LEAS is 108m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgefield, and where 11 THE LEAS lies on this distribution: 23% of detached houses houses are smaller than 11 THE LEAS, and 77% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

11 THE LEAS: Plot and Title Map

11 THE LEAS sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 11 THE LEAS, 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 11 THE LEAS). 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 11 THE LEAS?

11 THE LEAS is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 11 on THE LEAS.