12, UNION LANE, STANHOPE, BISHOP AUCKLAND, DL13 2UZ - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 UNION LANE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £260,000 in April 2019, which was around 56% above the average April 2019 detached price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was A.

12 UNION LANE Sold Prices

Land registry data shows two sales for 12 UNION LANE 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 12 UNION LANE 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
2019 12 APR	£260,000	£166,865	56% above HPI
2014 9 DEC	£174,000	£153,863	13% above HPI

12 UNION LANE 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 12 UNION LANE sales from December 2014 and April 2019 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 December 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 12 UNION LANE?

12 UNION LANE is 100m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses by size in Stanhope, and where 12 UNION LANE lies on this distribution: 25% of detached houses are smaller than 12 UNION LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Stanhope.

12 UNION LANE: Plot and Title Map

12 UNION LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 12 UNION LANE, 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 12 UNION LANE). 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 12 UNION LANE?

12 UNION LANE is located in STANHOPE, in the DL13 postcode district. The below map shows the position of No. 12 on UNION LANE.