6, THE SQUARE, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2AB - £280,000

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.

6 THE SQUARE is a very large extended terraced house of 227m², built sometime before 1900, which could now be worth an estimated £384,933. It was last sold for £280,000 in September 2019, which was around 239% above the average September 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

6 THE SQUARE Sold Prices

Land registry data shows four sales for 6 THE SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the four 6 THE SQUARE 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
2019 18 SEP	£280,000	£82,589	239% above HPI
2019 28 JUN	£310,000	£81,901	279% above HPI
2014 19 FEB	£275,000	£73,650	273% above HPI
2003 14 NOV	£228,000	£54,794	316% above HPI

6 THE SQUARE 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 four 6 THE SQUARE sales between November 2003 and September 2019 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 2019 sale was for 279% above the HPI. So the extrapolation line tracks at 279% above the HPI over time, until the September 2019 sale, where it falls to 239% above the HPI. The line then continues to track at 239% above the HPI.

What might 6 THE SQUARE be worth now?

6 THE SQUARE might now be worth an estimated £384,933.

This is based on house price inflation of 37.5%, between September 2019 and May 2026, 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 37.5% inflationary increase is applied to the most recent sale price for 6 THE SQUARE of £280,000 on 18th September 2019. For the value to have increased from £280,000 to £384,933 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 6 THE SQUARE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE SQUARE has not materially changed since September 2019.

How Large is 6 THE SQUARE?

6 THE SQUARE is 227m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of terraced houses houses in Sedgefield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Sedgefield, and where 6 THE SQUARE lies on this distribution: 98% of terraced houses houses are smaller than 6 THE SQUARE, and 2% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

6 THE SQUARE: Plot and Title Map

6 THE SQUARE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 6 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 6 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 6 THE SQUARE?

6 THE SQUARE is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 6 on THE SQUARE.