1, LORIMER CLOSE, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2BP - £293,495

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.

1 LORIMER CLOSE is a detached house, which could now be worth an estimated £397,524. It was last sold for £293,495 in June 2019, which was around 67% above the average June 2019 detached price in the County Durham local authority area.

1 LORIMER CLOSE Sold Prices

Land registry data shows two sales for 1 LORIMER CLOSE 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 1 LORIMER CLOSE 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 28 JUN	£293,495	£175,794	67% above HPI
2017 29 SEP	£13,750,000	£175,601	7,730% above HPI

What might 1 LORIMER CLOSE be worth now?

1 LORIMER CLOSE might now be worth an estimated £397,524.

This is based on house price inflation of 35.4%, between June 2019 and April 2026, 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 35.4% inflationary increase is applied to the most recent sale price for 1 LORIMER CLOSE of £293,495 on 28th June 2019. For the value to have increased from £293,495 to £397,524 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 1 LORIMER CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2019 sale price of £293,495 represented a fair market value for the property.
• The size, condition, and specification of 1 LORIMER CLOSE has not materially changed since June 2019.

Where is 1 LORIMER CLOSE?

1 LORIMER CLOSE is located in SEDGEFIELD, in the TS21 postcode district.