1, PARKLANDS, HAMSTERLEY MILL, ROWLANDS GILL, NE39 1HH - £330,000

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 PARKLANDS is a small extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £330,000 in February 2020, which was around 99% above the average February 2020 detached price in the County Durham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was A.

1 PARKLANDS Sold Prices

Land registry data shows three sales for 1 PARKLANDS 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 PARKLANDS 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
2020 10 FEB	£330,000	£166,229	99% above HPI
2007 11 MAY	£395,000	£183,519	115% above HPI
2004 18 JUN	£311,000	£143,112	117% above HPI

1 PARKLANDS 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 PARKLANDS sales between June 2004 and February 2020 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 May 2007 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the February 2020 sale, where it falls to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is 1 PARKLANDS?

1 PARKLANDS is 146m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Hamsterley Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Hamsterley Mill, and where 1 PARKLANDS lies on this distribution: 27% of detached houses are smaller than 1 PARKLANDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Hamsterley Mill.

1 PARKLANDS: Plot and Title Map

1 PARKLANDS sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 1 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

1 PARKLANDS is located in HAMSTERLEY MILL, in the NE39 postcode district. The below map shows the position of No. 1 on PARKLANDS.