1, PARSONS COURT, FERRYHILL, DL17 8TL - £120,000

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 PARSONS COURT is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £120,000 in May 2024, which was around 43% below the average May 2024 detached price in the County Durham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 PARSONS COURT Sold Prices

Land registry data shows four sales for 1 PARSONS COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 1 PARSONS COURT 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
2024 13 MAY	£120,000	£211,370	43% below HPI
2019 20 SEP	£167,000	£172,053	3% below HPI
2013 19 JUL	£150,000	£159,551	6% below HPI
1997 17 OCT	£59,950	£70,874	15% below HPI

1 PARSONS COURT 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 four 1 PARSONS COURT sales between October 1997 and May 2024 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1 PARSONS COURT?

1 PARSONS COURT is 75m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Ferryhill, based on EPC data. The below chart shows the distribution of detached houses by size in Ferryhill, and where 1 PARSONS COURT lies on this distribution: 12% of detached houses are smaller than 1 PARSONS COURT, and 88% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

1 PARSONS COURT: Plot and Title Map

1 PARSONS COURT sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 1 PARSONS COURT, 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 PARSONS COURT). 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 PARSONS COURT?

1 PARSONS COURT is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 1 on PARSONS COURT.