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 MERRINGTON HEIGHTS is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £375,000 in May 2005, which was around 127% above the average May 2005 detached price in the County Durham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 MERRINGTON HEIGHTS since 1st 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 MERRINGTON HEIGHTS 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 |
---|---|---|---|
2005 31 MAY | £375,000 | £165,322 | 127% above HPI |
2003 17 OCT | £200,000 | £122,313 | 64% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 1 MERRINGTON HEIGHTS sales from October 2003 and May 2005 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 October 2003 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2005 sale, where it rises to 127% above the HPI. The line then continues to track at 127% above the HPI.
1 MERRINGTON HEIGHTS is 104m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% of detached houses in Kirk Merrington, based on EPC data. The below chart shows the distribution of detached houses by size in Kirk Merrington, and where 1 MERRINGTON HEIGHTS lies on this distribution: 40% of detached houses are smaller than 1 MERRINGTON HEIGHTS, and 56% of houses are larger. Note that EPC data is not available for all properties in Kirk Merrington.
1 MERRINGTON HEIGHTS sits on a plot of roughly 0.300 of an acre, or 1,216m². The below map shows the location of 1 MERRINGTON HEIGHTS, 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 MERRINGTON HEIGHTS). 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.
1 MERRINGTON HEIGHTS is located in KIRK MERRINGTON, in the DL16 postcode district. The below map shows the position of No. 1 on MERRINGTON HEIGHTS.