1, THE FACTORY, CASTLE EDEN, HARTLEPOOL, TS27 4SR - £128,000

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.

1 THE FACTORY is a very small terraced house of 57m², built sometime before 1900, which could now be worth an estimated £137,750. It was last sold for £128,000 in June 2024, which was around 25% above the average June 2024 terraced price in the County Durham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was F, and the potential energy rating was A.

1 THE FACTORY Sold Prices

Land registry data shows six sales for 1 THE FACTORY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Most of the six 1 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
2024 28 JUN	£128,000	£102,783	25% above HPI
2021 12 FEB	£125,000	£90,087	39% above HPI
2016 8 APR	£75,000	£77,293	3% below HPI
2009 25 SEP	£108,000	£84,952	27% above HPI
2007 16 FEB	£95,000	£91,818	3% above HPI
1997 17 JAN	£47,000	£30,513	54% above HPI

1 THE FACTORY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The six 1 THE FACTORY sales between January 1997 and June 2024 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2024 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 1 THE FACTORY be worth now?

1 THE FACTORY might now be worth an estimated £137,750.

This is based on house price inflation of 7.6%, between June 2024 and June 2025, for terraced 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 7.6% inflationary increase is applied to the most recent sale price for 1 THE FACTORY of £128,000 on 28th June 2024. For the value to have increased from £128,000 to £137,750 over the one year to June 2025, the following assumptions must hold true:

• The value of 1 THE FACTORY has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2024 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FACTORY has not materially changed since June 2024.

How Large is 1 THE FACTORY?

1 THE FACTORY is 57m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of terraced houses houses in Castle Eden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Castle Eden, and where 1 THE FACTORY lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 THE FACTORY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Castle Eden.

1 THE FACTORY: Plot and Title Map

1 THE FACTORY sits on a plot of roughly 0.013 of an acre, or 51m². The below map shows the location of 1 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 1 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 1 THE FACTORY?

1 THE FACTORY is located in CASTLE EDEN, in the TS27 postcode district. The below map shows the position of No. 1 on THE FACTORY.