5, BENEDICT LANE, HEBBURN, NE31 2GA - £200,000

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

5 BENEDICT LANE is a very small detached house of 88m². It was last sold for £200,000 in June 2018, which was around 15% below the average June 2018 detached price in the South Tyneside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

5 BENEDICT LANE Sold Prices

Land registry data shows two sales for 5 BENEDICT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 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
2018 29 JUN	£200,000	£236,434	15% below HPI
2014 26 SEP	£186,995	£209,700	11% 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 two 5 BENEDICT LANE sales from September 2014 and June 2018 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 September 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 BENEDICT LANE?

5 BENEDICT LANE is 88m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Hebburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hebburn, and where 5 BENEDICT LANE lies on this distribution: 17% of detached houses are smaller than 5 BENEDICT LANE, and 79% 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.