THE GRANGE, CHURCH LANE, TOW LAW, BISHOP AUCKLAND, DL13 4ET - £615,000

THE GRANGE is a very large detached house of 315m², built sometime before 1900. It was last sold for £615,000 in January 2010, which was around 259% above the average January 2010 detached price in the County Durham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was E.

THE GRANGE Sold Prices

Land registry data shows two sales for THE GRANGE 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 THE GRANGE 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
2010 19 JAN	£615,000	£171,139	259% above HPI
2008 18 JAN	£480,000	£189,543	153% above HPI

THE GRANGE 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 THE GRANGE sales from January 2008 and January 2010 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 January 2008 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the January 2010 sale, where it rises to 259% above the HPI. The line then continues to track at 259% above the HPI.

How Large is THE GRANGE?

THE GRANGE is 315m² according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses in Tow Law, based on EPC data. The below chart shows the distribution of detached houses by size in Tow Law, and where THE GRANGE lies on this distribution: More than 99% of detached houses are smaller than THE GRANGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Tow Law.

THE GRANGE: Plot and Title Map

THE GRANGE sits on a plot of roughly 791.3 acres, or 3,202,296m². The below map shows the location of THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

THE GRANGE is located on CHURCH LANE in TOW LAW, in the DL13 postcode district. The below map shows the position of THE GRANGE on CHURCH LANE.