3, NEW LANE, NEASHAM, DARLINGTON, DL2 1QR - £420,000

3 NEW LANE is a large extended detached house of 204m². It was last sold for £420,000 in January 2021, which was around 81% above the average January 2021 detached price in the Darlington local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

3 NEW LANE Sold Prices

Land registry data shows three sales for 3 NEW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Darlington local authority area for the corresponding sale date. All of the three 3 NEW LANE 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
2021 14 JAN	£420,000	£232,457	81% above HPI
2018 13 SEP	£400,000	£218,912	83% above HPI
2014 19 SEP	£455,000	£211,239	115% above HPI

3 NEW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The three 3 NEW LANE sales between September 2014 and January 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 September 2018 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the January 2021 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 3 NEW LANE?

3 NEW LANE is 204m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Neasham, based on EPC data. The below chart shows the distribution of detached houses by size in Neasham, and where 3 NEW LANE lies on this distribution: 70% of detached houses are smaller than 3 NEW LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Neasham.

3 NEW LANE: Plot and Title Map

3 NEW LANE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 3 NEW LANE, 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 3 NEW LANE). 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 3 NEW LANE?

3 NEW LANE is located in NEASHAM, in the DL2 postcode district. The below map shows the position of No. 3 on NEW LANE.