HYCROFT, STOCKTON ROAD, EASINGTON, PETERLEE, SR8 3AZ - £385,000

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

HYCROFT is a very large extended detached house of 186m², built sometime between 1996 and 2002. It was last sold for £385,000 in May 2023, which was around 90% above the average May 2023 detached price in the County Durham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

HYCROFT Sold Prices

Land registry data shows four sales for HYCROFT 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 HYCROFT 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
2023 26 MAY	£385,000	£202,681	90% above HPI
2021 18 FEB	£375,000	£184,914	103% above HPI
2002 13 SEP	£220,000	£96,423	128% above HPI
2001 8 JUN	£168,000	£81,054	107% above HPI

HYCROFT 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 HYCROFT sales between June 2001 and May 2023 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 February 2021 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the May 2023 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is HYCROFT?

HYCROFT is 186m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where HYCROFT lies on this distribution: 93% of detached houses are smaller than HYCROFT, and 7% of houses are larger. Note that EPC data is not available for all properties in Easington.

HYCROFT: Plot and Title Map

HYCROFT sits on a plot of roughly 37.9 acres, or 153,323m². The below map shows the location of HYCROFT, 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 HYCROFT). 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 HYCROFT?

HYCROFT is located on STOCKTON ROAD in EASINGTON, in the SR8 postcode district. The below map shows the position of HYCROFT on STOCKTON ROAD.