24, SPRINGHOUSE LANE, EBCHESTER, CONSETT, DH8 0QF - £224,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 SPRINGHOUSE LANE is a small extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £315,229. It was last sold for £224,000 in October 2012, which was around 33% above the average October 2012 detached price in the County Durham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

24 SPRINGHOUSE LANE Sold Prices

Land registry data shows two sales for 24 SPRINGHOUSE 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 24 SPRINGHOUSE 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
2012 29 OCT	£224,000	£167,817	33% above HPI
2003 22 SEP	£205,000	£124,253	65% above HPI

24 SPRINGHOUSE 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 24 SPRINGHOUSE LANE sales from September 2003 and October 2012 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 2003 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2012 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 24 SPRINGHOUSE LANE be worth now?

24 SPRINGHOUSE LANE might now be worth an estimated £315,229.

This is based on house price inflation of 40.7%, between October 2012 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.7% inflationary increase is applied to the most recent sale price for 24 SPRINGHOUSE LANE of £224,000 on 29th October 2012. For the value to have increased from £224,000 to £315,229 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 SPRINGHOUSE LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2012 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRINGHOUSE LANE has not materially changed since October 2012.

How Large is 24 SPRINGHOUSE LANE?

24 SPRINGHOUSE LANE is 97m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses houses in Ebchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ebchester, and where 24 SPRINGHOUSE LANE lies on this distribution: 29% of detached houses houses are smaller than 24 SPRINGHOUSE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ebchester.

24 SPRINGHOUSE LANE: Plot and Title Map

24 SPRINGHOUSE LANE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 24 SPRINGHOUSE 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 SPRINGHOUSE 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 SPRINGHOUSE LANE?

24 SPRINGHOUSE LANE is located in EBCHESTER, in the DH8 postcode district. The below map shows the position of No. 24 on SPRINGHOUSE LANE.