2, THORNTON LEA, PELTON, CHESTER LE STREET, DH2 1UN - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THORNTON LEA is a midsized extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £190,000 in November 2019, which was around 12% above the average November 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2 THORNTON LEA Sold Prices

Land registry data shows four sales for 2 THORNTON LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 2 THORNTON LEA 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 19 NOV	£190,000	£169,475	12% above HPI
2016 24 MAR	£167,000	£160,653	4% above HPI
2000 30 JUN	£89,500	£79,374	13% above HPI
1997 29 JAN	£72,000	£68,465	5% above HPI

2 THORNTON LEA 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 four 2 THORNTON LEA sales between January 1997 and November 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 March 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 THORNTON LEA?

2 THORNTON LEA is 100m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Pelton, based on EPC data. The below chart shows the distribution of detached houses by size in Pelton, and where 2 THORNTON LEA lies on this distribution: 49% of detached houses are smaller than 2 THORNTON LEA, and 50% of houses are larger. Note that EPC data is not available for all properties in Pelton.

2 THORNTON LEA: Plot and Title Map

2 THORNTON LEA sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 2 THORNTON LEA, 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 THORNTON LEA). 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 THORNTON LEA?

2 THORNTON LEA is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 2 on THORNTON LEA.