127, GRANGE WAY, BOWBURN, DURHAM, DH6 5PL - £258,000

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

127 GRANGE WAY is a very large detached house of 117m². It was last sold for £258,000 in March 2023, which was around 25% above the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

127 GRANGE WAY Sold Prices

Land registry data shows three sales for 127 GRANGE WAY 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 127 GRANGE WAY 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
2023 31 MAR	£258,000	£206,611	25% above HPI
2020 8 OCT	£199,000	£175,528	13% above HPI
2018 21 DEC	£209,950	£170,136	23% above HPI

127 GRANGE WAY 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 127 GRANGE WAY sales between December 2018 and March 2023 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 October 2020 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 127 GRANGE WAY?

127 GRANGE WAY is 117m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 127 GRANGE WAY lies on this distribution: 81% of detached houses are smaller than 127 GRANGE WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

127 GRANGE WAY: Plot and Title Map

127 GRANGE WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 127 GRANGE WAY, 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 127 GRANGE WAY). 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 127 GRANGE WAY?

127 GRANGE WAY is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 127 on GRANGE WAY.