IVY HOUSE LODGE, ROSEMARY LANE, PETERLEE, SR8 3BQ - £267,000

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

IVY HOUSE LODGE is a very large extended detached house of 129m², built sometime before 1900. It was last sold for £267,000 in February 2018, which was around 61% above the average February 2018 detached price in the County Durham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was C.

IVY HOUSE LODGE Sold Prices

Land registry data shows three sales for IVY HOUSE LODGE since 1^st 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 IVY HOUSE LODGE 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
2018 9 FEB	£267,000	£166,178	61% above HPI
2004 17 JUN	£190,000	£143,112	33% above HPI
2002 25 JAN	£125,000	£85,661	46% above HPI

IVY HOUSE LODGE 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 three IVY HOUSE LODGE sales between January 2002 and February 2018 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 June 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2018 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is IVY HOUSE LODGE?

IVY HOUSE LODGE is 129m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where IVY HOUSE LODGE lies on this distribution: 81% of detached houses are smaller than IVY HOUSE LODGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Easington.

IVY HOUSE LODGE: Plot and Title Map

IVY HOUSE LODGE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of IVY HOUSE LODGE, 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 IVY HOUSE LODGE). 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 IVY HOUSE LODGE?

IVY HOUSE LODGE is located on ROSEMARY LANE in PETERLEE, in the SR8 postcode district. The below map shows the position of IVY HOUSE LODGE on ROSEMARY LANE.