15, LEA RIGG, WEST RAINTON, HOUGHTON LE SPRING, DH4 6SR - £245,000

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

15 LEA RIGG is a midsized detached house of 139m², built sometime between 1976 and 1982. It was last sold for £245,000 in September 2016, which was around 47% above the average September 2016 detached price in the County Durham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

15 LEA RIGG Sold Prices

Land registry data shows two sales for 15 LEA RIGG 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 15 LEA RIGG 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
2016 6 SEP	£245,000	£166,538	47% above HPI
2002 28 NOV	£205,000	£100,325	104% above HPI

15 LEA RIGG 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 15 LEA RIGG sales from November 2002 and September 2016 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 November 2002 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the September 2016 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 15 LEA RIGG?

15 LEA RIGG is 139m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in West Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in West Rainton, and where 15 LEA RIGG lies on this distribution: 53% of detached houses are smaller than 15 LEA RIGG, and 47% of houses are larger. Note that EPC data is not available for all properties in West Rainton.

15 LEA RIGG: Plot and Title Map

15 LEA RIGG sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 15 LEA RIGG, 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 15 LEA RIGG). 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 15 LEA RIGG?

15 LEA RIGG is located in WEST RAINTON, in the DH4 postcode district. The below map shows the position of No. 15 on LEA RIGG.