24, THE LEAS, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2DS - £210,000

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 THE LEAS is a very small extended semi-detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £289,236. It was last sold for £210,000 in January 2020, which was around 112% above the average January 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

24 THE LEAS Sold Prices

Land registry data shows two sales for 24 THE LEAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 24 THE LEAS 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
2020 30 JAN	£210,000	£98,859	112% above HPI
2012 11 MAY	£146,000	£95,155	53% above HPI

24 THE LEAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 24 THE LEAS sales from May 2012 and January 2020 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 May 2012 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2020 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might 24 THE LEAS be worth now?

24 THE LEAS might now be worth an estimated £289,236.

This is based on house price inflation of 37.7%, between January 2020 and February 2025, for semi-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 37.7% inflationary increase is applied to the most recent sale price for 24 THE LEAS of £210,000 on 30th January 2020. For the value to have increased from £210,000 to £289,236 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 24 THE LEAS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE LEAS has not materially changed since January 2020.

How Large is 24 THE LEAS?

24 THE LEAS is 88m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of semi-detached houses houses in Sedgefield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sedgefield, and where 24 THE LEAS lies on this distribution: 11% of semi-detached houses houses are smaller than 24 THE LEAS, and 89% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

24 THE LEAS: Plot and Title Map

24 THE LEAS sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 24 THE LEAS, 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 THE LEAS). 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 THE LEAS?

24 THE LEAS is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 24 on THE LEAS.