4, THE LANE, WEST CORNFORTH, FERRYHILL, DL17 9LB - £119,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 THE LANE is a small semi-detached house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £171,961. It was last sold for £119,500 in March 2019, which was around 26% above the average March 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

4 THE LANE Sold Prices

Land registry data shows three sales for 4 THE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 4 THE 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
2019 29 MAR	£119,500	£94,621	26% above HPI
2018 13 JUL	£115,000	£100,414	15% above HPI
2009 26 FEB	£141,995	£97,961	45% above HPI

4 THE LANE 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 three 4 THE LANE sales between February 2009 and March 2019 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 July 2018 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 4 THE LANE be worth now?

4 THE LANE might now be worth an estimated £171,961.

This is based on house price inflation of 43.9%, between March 2019 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 43.9% inflationary increase is applied to the most recent sale price for 4 THE LANE of £119,500 on 29th March 2019. For the value to have increased from £119,500 to £171,961 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 4 THE LANE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The March 2019 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 4 THE LANE has not materially changed since March 2019.

How Large is 4 THE LANE?

4 THE LANE is 98m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of semi-detached houses houses in Cornforth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cornforth, and where 4 THE LANE lies on this distribution: 32% of semi-detached houses houses are smaller than 4 THE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

4 THE LANE: Plot and Title Map

4 THE LANE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 4 THE 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 THE 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 THE LANE?

4 THE LANE is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 4 on THE LANE.