16, THE LANE, SEDGEFIELD, STOCKTON-ON-TEES, TS21 3BE - £310,000

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

16 THE LANE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £310,000 in August 2022, which was around 47% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

16 THE LANE Sold Prices

Land registry data shows two sales for 16 THE 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 16 THE 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
2022 31 AUG	£310,000	£210,766	47% above HPI
2014 11 JUL	£190,000	£159,649	19% above HPI

16 THE 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 16 THE LANE sales from July 2014 and August 2022 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 July 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 16 THE LANE?

16 THE LANE is 82m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgefield, and where 16 THE LANE lies on this distribution: 6% of detached houses are smaller than 16 THE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

16 THE LANE: Plot and Title Map

16 THE LANE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 16 THE 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 16 THE 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 16 THE LANE?

16 THE LANE is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 16 on THE LANE.