10, CRAVENS COTTAGES, STATION TOWN, WINGATE, TS28 5EQ - £60,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 CRAVENS COTTAGES is a very small extended detached house of 71m², built sometime between 1900 and 1929. It was last sold for £60,000 in June 2005, which was around 64% below the average June 2005 detached price in the County Durham local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

10 CRAVENS COTTAGES Sold Prices

Land registry data shows two sales for 10 CRAVENS COTTAGES 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 10 CRAVENS COTTAGES 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
2005 15 JUN	£60,000	£166,772	64% below HPI
1998 10 JUL	£16,500	£72,344	77% below HPI

10 CRAVENS COTTAGES 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 10 CRAVENS COTTAGES sales from July 1998 and June 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 July 1998 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the June 2005 sale, where it rises to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 10 CRAVENS COTTAGES?

10 CRAVENS COTTAGES is 71m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Station Town, based on EPC data. The below chart shows the distribution of detached houses by size in Station Town, and where 10 CRAVENS COTTAGES lies on this distribution: 10% of detached houses are smaller than 10 CRAVENS COTTAGES, and 87% of houses are larger. Note that EPC data is not available for all properties in Station Town.

10 CRAVENS COTTAGES: Plot and Title Map

10 CRAVENS COTTAGES sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 10 CRAVENS COTTAGES, 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 10 CRAVENS COTTAGES). 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 10 CRAVENS COTTAGES?

10 CRAVENS COTTAGES is located in STATION TOWN, in the TS28 postcode district. The below map shows the position of No. 10 on CRAVENS COTTAGES.