2, THE LANE, WEST CORNFORTH, FERRYHILL, DL17 9LB - £107,096

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.

2 THE LANE is a very small extended detached house of 87m², built sometime between 2007 and 2011, which could now be worth an estimated £142,432. It was last sold for £107,096 in November 2009, which was around 40% below the average November 2009 detached price in the County Durham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE LANE Sold Prices

Land registry data shows two sales for 2 THE 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 2 THE 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
2009 20 NOV	£107,096	£179,033	40% below HPI
2009 20 NOV	£97,296	£179,033	46% below HPI

What might 2 THE LANE be worth now?

2 THE LANE might now be worth an estimated £142,432.

This is based on house price inflation of 33%, between November 2009 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 33% inflationary increase is applied to the most recent sale price for 2 THE LANE of £107,096 on 20th November 2009. For the value to have increased from £107,096 to £142,432 over the seventeen years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 THE LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2009 sale price of £107,096 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LANE has not materially changed since November 2009.

How Large is 2 THE LANE?

2 THE LANE is 87m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses by size in Cornforth, and where 2 THE LANE lies on this distribution: 11% of detached houses are smaller than 2 THE LANE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Cornforth.

2 THE LANE: Plot

2 THE LANE sits on a plot of roughly 0.054 of an acre, or 219m².

Where is 2 THE LANE?

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