9, THE FACTORY, CASTLE EDEN, HARTLEPOOL, TS27 4SR - £220,000

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.

9 THE FACTORY is a very small extended detached house of 153m², built sometime before 1900, which could now be worth an estimated £255,577. It was last sold for £220,000 in December 2021, which was around 8% above the average December 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2020, where the current energy rating was F, and the potential energy rating was B.

9 THE FACTORY Sold Prices

Land registry data shows two sales for 9 THE FACTORY 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 9 THE FACTORY 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 15 DEC	£220,000	£203,289	8% above HPI
2006 10 OCT	£195,000	£188,045	4% above HPI

9 THE FACTORY 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 9 THE FACTORY sales from October 2006 and December 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 October 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 9 THE FACTORY be worth now?

9 THE FACTORY might now be worth an estimated £255,577.

This is based on house price inflation of 16.2%, between December 2021 and February 2025, for 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 16.2% inflationary increase is applied to the most recent sale price for 9 THE FACTORY of £220,000 on 15th December 2021. For the value to have increased from £220,000 to £255,577 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 THE FACTORY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE FACTORY has not materially changed since December 2021.

How Large is 9 THE FACTORY?

9 THE FACTORY is 153m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses houses in Castle Eden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castle Eden, and where 9 THE FACTORY lies on this distribution: 13% of detached houses houses are smaller than 9 THE FACTORY, and 87% of houses are larger. Note that EPC data is not available for all properties in Castle Eden.

9 THE FACTORY: Plot and Title Map

9 THE FACTORY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 9 THE FACTORY, 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 9 THE FACTORY). 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 9 THE FACTORY?

9 THE FACTORY is located in CASTLE EDEN, in the TS27 postcode district. The below map shows the position of No. 9 on THE FACTORY.