5, THE LEAS, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2DS - £305,000

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

5 THE LEAS is a very large extended detached house of 189m², built sometime between 1967 and 1975. It was last sold for £305,000 in April 2015, which was around 94% above the average April 2015 detached price in the County Durham local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

5 THE LEAS Sold Prices

Land registry data shows four sales for 5 THE LEAS 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. All of the four 5 THE LEAS 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
2015 17 APR	£305,000	£156,817	94% above HPI
2007 3 AUG	£375,000	£190,032	97% above HPI
2005 19 SEP	£310,000	£173,801	78% above HPI
1999 18 AUG	£155,000	£77,237	101% above HPI

5 THE LEAS 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 5 THE LEAS sales between August 1999 and April 2015 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 2007 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the April 2015 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is 5 THE LEAS?

5 THE LEAS is 189m², which includes three extensions, according to the EPC inspection conducted in October 2011. This puts it in the largest 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 5 THE LEAS lies on this distribution: 97% of detached houses are smaller than 5 THE LEAS, and 3% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

5 THE LEAS: Plot and Title Map

5 THE LEAS sits on a plot of roughly 0.304 of an acre, or 1,228m². The below map shows the location of 5 THE LEAS, 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 THE LEAS). 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 THE LEAS?

5 THE LEAS is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 5 on THE LEAS.