2, LOVE LANE, WYNYARD, BILLINGHAM, TS22 5SD - £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

2 LOVE LANE is a very small detached house of 122m². It was last sold for £310,000 in May 2021, which was around 49% above the average May 2021 detached price in the Hartlepool local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

2 LOVE LANE Sold Prices

Land registry data shows two sales for 2 LOVE 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 Hartlepool local authority area for the corresponding sale date. Both of the two 2 LOVE 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
2021 28 MAY	£310,000	£208,399	49% above HPI
2016 23 SEP	£311,950	£179,323	74% above HPI

2 LOVE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hartlepool local authority area over time, sourced from the HPI. The two 2 LOVE LANE sales from September 2016 and May 2021 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 September 2016 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2021 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 2 LOVE LANE?

2 LOVE LANE is 122m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Wynyard Village, based on EPC data. The below chart shows the distribution of detached houses by size in Wynyard Village, and where 2 LOVE LANE lies on this distribution: 15% of detached houses are smaller than 2 LOVE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

2 LOVE LANE: Plot and Title Map

2 LOVE LANE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 LOVE 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 2 LOVE 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 2 LOVE LANE?

2 LOVE LANE is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 2 on LOVE LANE.