12, PARK TERRACE, BARNARD CASTLE, DL12 8NN - £275,000

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

12 PARK TERRACE is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £275,000 in February 2020, which was around 65% above the average February 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

12 PARK TERRACE Sold Prices

Land registry data shows three sales for 12 PARK TERRACE 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 12 PARK TERRACE 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 21 FEB	£275,000	£166,229	65% above HPI
2006 11 JUL	£350,000	£179,892	95% above HPI
2001 19 NOV	£126,250	£86,862	45% above HPI

12 PARK TERRACE 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 12 PARK TERRACE sales between November 2001 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 July 2006 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the February 2020 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 12 PARK TERRACE?

12 PARK TERRACE is 142m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses in Barnard Castle, based on EPC data. The below chart shows the distribution of detached houses by size in Barnard Castle, and where 12 PARK TERRACE lies on this distribution: 71% of detached houses are smaller than 12 PARK TERRACE, and 28% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

12 PARK TERRACE: Plot and Title Map

12 PARK TERRACE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 12 PARK TERRACE, 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 PARK TERRACE). 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 PARK TERRACE?

12 PARK TERRACE is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 12 on PARK TERRACE.