21, LORIMER CLOSE, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2BP - £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

21 LORIMER CLOSE is a very small detached house of 87m². It was last sold for £260,000 in August 2023, which was around 25% above the average August 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

21 LORIMER CLOSE Sold Prices

Land registry data shows two sales for 21 LORIMER CLOSE 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 21 LORIMER CLOSE 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
2023 11 AUG	£260,000	£208,247	25% above HPI
2019 29 NOV	£211,500	£169,475	25% above HPI

21 LORIMER CLOSE 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 21 LORIMER CLOSE sales from November 2019 and August 2023 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 2019 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2023 sale, which was also at 25% above the HPI.

How Large is 21 LORIMER CLOSE?

21 LORIMER CLOSE is 87m² according to the EPC inspection conducted in January 2020. 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 21 LORIMER CLOSE lies on this distribution: 9% of detached houses are smaller than 21 LORIMER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

21 LORIMER CLOSE: Plot and Title Map

21 LORIMER CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 21 LORIMER CLOSE, 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 21 LORIMER CLOSE). 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 21 LORIMER CLOSE?

21 LORIMER CLOSE is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 21 on LORIMER CLOSE.