39, THE LEAS, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2DS - £225,000

39 THE LEAS is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £225,000 in September 2022, which was around 5% above the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

39 THE LEAS Sold Prices

Land registry data shows two sales for 39 THE LEAS 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. One of the two 39 THE LEAS sales was for above the average price, whilst the other was 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
2022 9 SEP	£225,000	£213,463	5% above HPI
1998 16 JAN	£70,000	£71,513	2% below HPI

39 THE LEAS 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 39 THE LEAS sales from January 1998 and September 2022 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 January 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 39 THE LEAS?

39 THE LEAS is 92m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgefield, and where 39 THE LEAS lies on this distribution: 12% of detached houses are smaller than 39 THE LEAS, and 88% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

39 THE LEAS: Plot and Title Map

39 THE LEAS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 39 THE LEAS, 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 39 THE LEAS). 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 39 THE LEAS?

39 THE LEAS is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 39 on THE LEAS.