12, MAINSFORTH RISE, FERRYHILL, DL17 0DD - £86,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MAINSFORTH RISE is a small semi-detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £119,138. It was last sold for £86,500 in January 2020, which was around 13% below the average January 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

12 MAINSFORTH RISE Sold Prices

Land registry data shows four sales for 12 MAINSFORTH RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Most of the four 12 MAINSFORTH RISE 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
2020 17 JAN	£86,500	£98,859	13% below HPI
2012 27 JUL	£86,000	£95,035	10% below HPI
2003 12 DEC	£64,000	£71,259	10% below HPI
2000 11 DEC	£44,500	£43,806	2% above HPI

12 MAINSFORTH RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 12 MAINSFORTH RISE sales between December 2000 and January 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 July 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 MAINSFORTH RISE be worth now?

12 MAINSFORTH RISE might now be worth an estimated £119,138.

This is based on house price inflation of 37.7%, between January 2020 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.7% inflationary increase is applied to the most recent sale price for 12 MAINSFORTH RISE of £86,500 on 17th January 2020. For the value to have increased from £86,500 to £119,138 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 MAINSFORTH RISE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 2020 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MAINSFORTH RISE has not materially changed since January 2020.

How Large is 12 MAINSFORTH RISE?

12 MAINSFORTH RISE is 86m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of semi-detached houses houses in Ferryhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ferryhill, and where 12 MAINSFORTH RISE lies on this distribution: 31% of semi-detached houses houses are smaller than 12 MAINSFORTH RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

12 MAINSFORTH RISE: Plot and Title Map

12 MAINSFORTH RISE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 12 MAINSFORTH RISE, 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 12 MAINSFORTH RISE). 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 12 MAINSFORTH RISE?

12 MAINSFORTH RISE is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 12 on MAINSFORTH RISE.