THORPE LEA, SEASIDE LANE, EASINGTON, PETERLEE, SR8 3TW - £200,000

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

THORPE LEA is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £200,000 in October 2012, which was around 23% above the average October 2012 detached price in the County Durham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

THORPE LEA Sold Prices

Land registry data shows two sales for THORPE LEA 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 THORPE LEA 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
2012 12 OCT	£200,000	£163,254	23% above HPI
2002 13 NOV	£110,000	£100,325	10% above HPI

THORPE LEA 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 THORPE LEA sales from November 2002 and October 2012 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 November 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2012 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THORPE LEA?

THORPE LEA is 120m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 THORPE LEA lies on this distribution: 72% of detached houses are smaller than THORPE LEA, and 27% of houses are larger. Note that EPC data is not available for all properties in Easington.

THORPE LEA: Plot and Title Map

THORPE LEA sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of THORPE LEA, 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 THORPE LEA). 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 THORPE LEA?

THORPE LEA is located on SEASIDE LANE in EASINGTON, in the SR8 postcode district. The below map shows the position of THORPE LEA on SEASIDE LANE.