24, NEW LANE, NEASHAM, DARLINGTON, DL2 1QR - £580,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 NEW LANE is a very large detached house of 220m², which could now be worth an estimated £622,378. It was last sold for £580,000 in June 2023, which was around 122% above the average June 2023 detached price in the Darlington local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

24 NEW LANE Sold Prices

Land registry data shows two sales for 24 NEW 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 Darlington local authority area for the corresponding sale date. Both of the two 24 NEW 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
2023 23 JUN	£580,000	£261,639	122% above HPI
2019 13 DEC	£470,000	£226,318	108% above HPI

24 NEW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The two 24 NEW LANE sales from December 2019 and June 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 December 2019 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the June 2023 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 24 NEW LANE be worth now?

24 NEW LANE might now be worth an estimated £622,378.

This is based on house price inflation of 7.3%, between June 2023 and December 2024, for detached houses, in the Darlington local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 24 NEW LANE of £580,000 on 23rd June 2023. For the value to have increased from £580,000 to £622,378 over the six months to December 2024, the following assumptions must hold true:

• The value of 24 NEW LANE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The June 2023 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEW LANE has not materially changed since June 2023.

How Large is 24 NEW LANE?

24 NEW LANE is 220m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses houses in Neasham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Neasham, and where 24 NEW LANE lies on this distribution: 82% of detached houses houses are smaller than 24 NEW LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Neasham.

24 NEW LANE: Plot and Title Map

24 NEW LANE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 24 NEW 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 24 NEW 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 24 NEW LANE?

24 NEW LANE is located in NEASHAM, in the DL2 postcode district. The below map shows the position of No. 24 on NEW LANE.