62, THORNTON LEA, PELTON, CHESTER LE STREET, DH2 1UW - £153,000

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.

62 THORNTON LEA is a very small extended semi-detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £186,399. It was last sold for £153,000 in May 2021, which was around 37% above the average May 2021 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

62 THORNTON LEA Sold Prices

Land registry data shows five sales for 62 THORNTON LEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the five 62 THORNTON LEA 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
2021 20 MAY	£153,000	£111,763	37% above HPI
2014 30 JAN	£126,000	£91,851	37% above HPI
2007 9 MAR	£122,000	£109,577	11% above HPI
1997 28 NOV	£47,500	£39,105	21% above HPI
1996 27 SEP	£43,950	£37,985	16% above HPI

62 THORNTON LEA 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 five 62 THORNTON LEA sales between September 1996 and May 2021 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 January 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2021 sale, which was also at 37% above the HPI.

What might 62 THORNTON LEA be worth now?

62 THORNTON LEA might now be worth an estimated £186,399.

This is based on house price inflation of 21.8%, between May 2021 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 21.8% inflationary increase is applied to the most recent sale price for 62 THORNTON LEA of £153,000 on 20th May 2021. For the value to have increased from £153,000 to £186,399 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 62 THORNTON LEA has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2021 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 62 THORNTON LEA has not materially changed since May 2021.

How Large is 62 THORNTON LEA?

62 THORNTON LEA is 71m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of semi-detached houses houses in Pelton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pelton, and where 62 THORNTON LEA lies on this distribution: 12% of semi-detached houses houses are smaller than 62 THORNTON LEA, and 88% of houses are larger. Note that EPC data is not available for all properties in Pelton.

62 THORNTON LEA: Plot and Title Map

62 THORNTON LEA sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 62 THORNTON LEA, 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 62 THORNTON LEA). 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 62 THORNTON LEA?

62 THORNTON LEA is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 62 on THORNTON LEA.