29, THORNTON LEA, PELTON, CHESTER LE STREET, DH2 1UN - £155,000

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

29 THORNTON LEA is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £155,000 in July 2015, which was around 4% below the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

29 THORNTON LEA Sold Prices

Land registry data shows three sales for 29 THORNTON LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the three 29 THORNTON LEA sales was for below the average price, whilst two 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
2015 3 JUL	£155,000	£161,714	4% below HPI
2003 3 MAR	£115,000	£106,570	8% above HPI
1997 22 DEC	£73,500	£70,756	4% above HPI

29 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 three 29 THORNTON LEA sales between December 1997 and July 2015 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 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 29 THORNTON LEA?

29 THORNTON LEA is 79m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Pelton, based on EPC data. The below chart shows the distribution of detached houses by size in Pelton, and where 29 THORNTON LEA lies on this distribution: 17% of detached houses are smaller than 29 THORNTON LEA, and 82% of houses are larger. Note that EPC data is not available for all properties in Pelton.

29 THORNTON LEA: Plot and Title Map

29 THORNTON LEA sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 29 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 29 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 29 THORNTON LEA?

29 THORNTON LEA is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 29 on THORNTON LEA.