4, SPRING LANE, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2DG - £299,995

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

4 SPRING LANE is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £299,995 in April 2023, which was around 48% above the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

4 SPRING LANE Sold Prices

Land registry data shows four sales for 4 SPRING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 4 SPRING 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 6 APR	£299,995	£202,725	48% above HPI
2009 28 AUG	£155,000	£166,839	7% below HPI
2009 16 APR	£165,000	£161,756	2% above HPI
2004 16 JUL	£170,000	£148,124	15% above HPI

4 SPRING 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 four 4 SPRING LANE sales between July 2004 and April 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 August 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2023 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 4 SPRING LANE?

4 SPRING LANE is 85m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 4 SPRING LANE lies on this distribution: 8% of detached houses are smaller than 4 SPRING LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

4 SPRING LANE: Plot and Title Map

4 SPRING LANE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 4 SPRING 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 4 SPRING 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 4 SPRING LANE?

4 SPRING LANE is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 4 on SPRING LANE.