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
3 WEST PARK LANE is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £164,500 in January 2020, which was around 1% below the average January 2020 detached price in the County Durham local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 3 WEST PARK LANE since 1st 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 3 WEST PARK LANE sales were for below 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 31 JAN | £164,500 | £166,787 | 1% below HPI |
2012 14 DEC | £153,500 | £161,624 | 5% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 3 WEST PARK LANE sales from December 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 December 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
3 WEST PARK LANE is 65m² according to the EPC inspection conducted in October 2012. 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 3 WEST PARK LANE lies on this distribution: 2% of detached houses are smaller than 3 WEST PARK LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.
3 WEST PARK LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 WEST PARK 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 3 WEST PARK 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.
3 WEST PARK LANE is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 3 on WEST PARK LANE.