58, WOOD LANE, FERRYHILL, DL17 8QG - £166,000

58 WOOD LANE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £166,000 in October 2023, which was around 23% below the average October 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

58 WOOD LANE Sold Prices

Land registry data shows two sales for 58 WOOD LANE 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 58 WOOD LANE 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
2023 27 OCT	£166,000	£216,349	23% below HPI
2018 19 JUN	£135,000	£165,735	19% below HPI

58 WOOD LANE 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 58 WOOD LANE sales from June 2018 and October 2023 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 June 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 58 WOOD LANE?

58 WOOD LANE is 78m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Ferryhill, based on EPC data. The below chart shows the distribution of detached houses by size in Ferryhill, and where 58 WOOD LANE lies on this distribution: 17% of detached houses are smaller than 58 WOOD LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

58 WOOD LANE: Plot and Title Map

58 WOOD LANE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 58 WOOD 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 58 WOOD 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 58 WOOD LANE?

58 WOOD LANE is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 58 on WOOD LANE.