5, BENEDICT LANE, HEBBURN, NE31 2GA - £280,000

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.

5 BENEDICT LANE is a small extended detached house of 91m², built sometime from 2012 onwards, which could now be worth an estimated £284,786. It was last sold for £280,000 in October 2024, which was around 6% below the average October 2024 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

5 BENEDICT LANE Sold Prices

Land registry data shows three sales for 5 BENEDICT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 5 BENEDICT 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
2024 31 OCT	£280,000	£299,451	6% below HPI
2018 29 JUN	£200,000	£240,114	17% below HPI
2014 26 SEP	£186,995	£212,963	12% below HPI

5 BENEDICT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 5 BENEDICT LANE sales between September 2014 and October 2024 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 June 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 BENEDICT LANE be worth now?

5 BENEDICT LANE might now be worth an estimated £284,786.

This is based on house price inflation of 1.7%, between October 2024 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% inflationary increase is applied to the most recent sale price for 5 BENEDICT LANE of £280,000 on 31st October 2024. For the value to have increased from £280,000 to £284,786 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 5 BENEDICT LANE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The October 2024 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BENEDICT LANE has not materially changed since October 2024.

How Large is 5 BENEDICT LANE?

5 BENEDICT LANE is 91m², which includes two extensions, according to the EPC inspection conducted in October 2024. This puts it in the smallest 30% of detached houses houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hebburn, and where 5 BENEDICT LANE lies on this distribution: 26% of detached houses houses are smaller than 5 BENEDICT LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Hebburn.

5 BENEDICT LANE: Plot and Title Map

5 BENEDICT LANE sits on a plot of roughly 13.3 acres, or 53,869m². The below map shows the location of 5 BENEDICT 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 5 BENEDICT 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 5 BENEDICT LANE?

5 BENEDICT LANE is located in HEBBURN, in the NE31 postcode district. The below map shows the position of No. 5 on BENEDICT LANE.