7, CADWELL LANE, EASINGTON VILLAGE, PETERLEE, SR8 3BN - £255,000

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

7 CADWELL LANE is a large detached house of 125m², built sometime between 1983 and 1990. It was last sold for £255,000 in September 2021, which was around 28% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

7 CADWELL LANE Sold Prices

Land registry data shows two sales for 7 CADWELL 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 County Durham local authority area for the corresponding sale date. Both of the two 7 CADWELL LANE 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 30 SEP	£255,000	£198,499	28% above HPI
2017 8 DEC	£192,500	£168,981	14% above HPI

7 CADWELL LANE 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 two 7 CADWELL LANE sales from December 2017 and September 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 December 2017 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 7 CADWELL LANE?

7 CADWELL LANE is 125m² according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 7 CADWELL LANE lies on this distribution: 77% of detached houses are smaller than 7 CADWELL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Easington.

7 CADWELL LANE: Plot and Title Map

7 CADWELL LANE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 7 CADWELL 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 7 CADWELL 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 7 CADWELL LANE?

7 CADWELL LANE is located in EASINGTON VILLAGE, in the SR8 postcode district. The below map shows the position of No. 7 on CADWELL LANE.