15, THE LANE, WEST CORNFORTH, FERRYHILL, DL17 9LB - £182,995

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.

15 THE LANE is a small detached house of 97m², built sometime from 2007 onwards, which could now be worth an estimated £215,904. It was last sold for £182,995 in December 2007, which was around 8% below the average December 2007 detached price in the County Durham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

15 THE LANE Sold Prices

Land registry data shows one sale for 15 THE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 20 DEC	£182,995	£198,631	8% below HPI

What might 15 THE LANE be worth now?

15 THE LANE might now be worth an estimated £215,904.

This is based on house price inflation of 18%, between December 2007 and May 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 18% inflationary increase is applied to the most recent sale price for 15 THE LANE of £182,995 on 20th December 2007. For the value to have increased from £182,995 to £215,904 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 15 THE LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2007 sale price of £182,995 represented a fair market value for the property.
• The size, condition, and specification of 15 THE LANE has not materially changed since December 2007.

How Large is 15 THE LANE?

15 THE LANE is 97m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses by size in Cornforth, and where 15 THE LANE lies on this distribution: 31% of detached houses are smaller than 15 THE LANE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Cornforth.

15 THE LANE: Plot

15 THE LANE sits on a plot of roughly 0.086 of an acre, or 347m².

Where is 15 THE LANE?

15 THE LANE is located in WEST CORNFORTH, in the DL17 postcode district.