Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
PEAR TREE HOUSE is a large detached house of 142m², built sometime between 1930 and 1949. It was last sold for £275,000 in September 2020, which was around 60% above the average September 2020 detached price in the County Durham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for PEAR TREE HOUSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the five PEAR TREE HOUSE sales were for below 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 |
---|---|---|---|
2020 18 SEP | £275,000 | £171,783 | 60% above HPI |
2005 25 AUG | £140,500 | £170,932 | 18% below HPI |
2004 25 MAY | £95,000 | £137,556 | 31% below HPI |
2002 14 JUN | £59,000 | £91,276 | 35% below HPI |
2001 13 DEC | £62,950 | £86,165 | 27% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five PEAR TREE HOUSE sales between December 2001 and September 2020 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 August 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.
PEAR TREE HOUSE is 142m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgefield, and where PEAR TREE HOUSE lies on this distribution: 68% of detached houses are smaller than PEAR TREE HOUSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.
PEAR TREE HOUSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of PEAR TREE HOUSE, 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 PEAR TREE HOUSE). 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.
PEAR TREE HOUSE is located on WEST PARK LANE in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of PEAR TREE HOUSE on WEST PARK LANE.