16, THE SQUARE, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2AD - £287,500

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.

16 THE SQUARE is a small extended detached house of 121m², built sometime before 1900, which could now be worth an estimated £344,836. It was last sold for £287,500 in July 2021, which was around 43% above the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

16 THE SQUARE Sold Prices

Land registry data shows five sales for 16 THE SQUARE since 1^st 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 16 THE SQUARE 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
2021 9 JUL	£287,500	£201,230	43% above HPI
2007 11 APR	£210,000	£186,610	13% above HPI
2002 31 JUL	£28,665	£96,094	70% below HPI
1996 18 DEC	£66,500	£70,939	6% below HPI
1995 26 JUN	£59,500	£67,579	12% below HPI

16 THE SQUARE 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 five 16 THE SQUARE sales between June 1995 and July 2021 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 April 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 16 THE SQUARE be worth now?

16 THE SQUARE might now be worth an estimated £344,836.

This is based on house price inflation of 19.9%, between July 2021 and July 2025, for detached 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 19.9% inflationary increase is applied to the most recent sale price for 16 THE SQUARE of £287,500 on 9th July 2021. For the value to have increased from £287,500 to £344,836 over the four years to July 2025, the following assumptions must hold true:

• The value of 16 THE SQUARE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2021 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THE SQUARE has not materially changed since July 2021.

How Large is 16 THE SQUARE?

16 THE SQUARE is 121m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgefield, and where 16 THE SQUARE lies on this distribution: 39% of detached houses houses are smaller than 16 THE SQUARE, and 60% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

16 THE SQUARE: Plot and Title Map

16 THE SQUARE sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 16 THE SQUARE, 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 16 THE SQUARE). 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 16 THE SQUARE?

16 THE SQUARE is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 16 on THE SQUARE.