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
6 LEA RIGG is a large extended detached house of 159m², built sometime between 1976 and 1982. It was last sold for £248,800 in February 2019, which was around 54% above the average February 2019 detached price in the County Durham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 6 LEA RIGG since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 6 LEA RIGG 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 15 FEB | £248,800 | £161,893 | 54% above HPI |
2016 26 AUG | £226,000 | £166,172 | 36% above HPI |
1999 27 AUG | £84,950 | £77,237 | 10% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 6 LEA RIGG sales between August 1999 and February 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 August 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2019 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.
6 LEA RIGG is 159m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 40% of detached houses in West Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in West Rainton, and where 6 LEA RIGG lies on this distribution: 67% of detached houses are smaller than 6 LEA RIGG, and 32% of houses are larger. Note that EPC data is not available for all properties in West Rainton.
6 LEA RIGG sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 6 LEA RIGG, 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 6 LEA RIGG). 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.
6 LEA RIGG is located in WEST RAINTON, in the DH4 postcode district. The below map shows the position of No. 6 on LEA RIGG.