1, MELDON WAY, HIGH SHINCLIFFE, DURHAM, DH1 2PZ - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MELDON WAY is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2021, which was around 34% above the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 MELDON WAY Sold Prices

Land registry data shows three sales for 1 MELDON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 1 MELDON WAY 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
2021 2 MAR	£250,000	£186,145	34% above HPI
2019 27 SEP	£250,000	£172,053	45% above HPI
1998 2 NOV	£99,950	£73,089	37% above HPI

1 MELDON WAY 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 three 1 MELDON WAY sales between November 1998 and March 2021 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 September 2019 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 1 MELDON WAY?

1 MELDON WAY is 80m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in High Shincliffe, based on EPC data. The below chart shows the distribution of detached houses by size in High Shincliffe, and where 1 MELDON WAY lies on this distribution: 8% of detached houses are smaller than 1 MELDON WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in High Shincliffe.

1 MELDON WAY: Plot and Title Map

1 MELDON WAY sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 MELDON WAY, 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 1 MELDON WAY). 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 1 MELDON WAY?

1 MELDON WAY is located in HIGH SHINCLIFFE, in the DH1 postcode district. The below map shows the position of No. 1 on MELDON WAY.