13, PROSPECT PLACE, BARNARD CASTLE, DL12 8HQ - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

13 PROSPECT PLACE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £272,011. It was last sold for £240,000 in May 2022, which was around 16% above the average May 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

13 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 13 PROSPECT PLACE 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. Two of the three 13 PROSPECT PLACE sales were for above the average price, whilst one was 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
2022 26 MAY	£240,000	£206,975	16% above HPI
2014 22 AUG	£230,000	£164,966	39% above HPI
2007 28 SEP	£155,000	£197,773	22% below HPI

13 PROSPECT PLACE 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 13 PROSPECT PLACE sales between September 2007 and May 2022 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 August 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 13 PROSPECT PLACE be worth now?

13 PROSPECT PLACE might now be worth an estimated £272,011.

This is based on house price inflation of 13.3%, between May 2022 and December 2024, for 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 13.3% inflationary increase is applied to the most recent sale price for 13 PROSPECT PLACE of £240,000 on 26th May 2022. For the value to have increased from £240,000 to £272,011 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 13 PROSPECT PLACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 13 PROSPECT PLACE has not materially changed since May 2022.

How Large is 13 PROSPECT PLACE?

13 PROSPECT PLACE is 84m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in Barnard Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnard Castle, and where 13 PROSPECT PLACE lies on this distribution: 18% of detached houses houses are smaller than 13 PROSPECT PLACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

13 PROSPECT PLACE: Plot and Title Map

13 PROSPECT PLACE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 13 PROSPECT PLACE, 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 13 PROSPECT PLACE). 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 13 PROSPECT PLACE?

13 PROSPECT PLACE is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 13 on PROSPECT PLACE.