15, MELDON WAY, HIGH SHINCLIFFE, DURHAM, DH1 2PZ - £368,000

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

15 MELDON WAY is a very large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £368,000 in December 2017, which was around 118% above the average December 2017 detached price in the County Durham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was B.

15 MELDON WAY Sold Prices

Land registry data shows three sales for 15 MELDON 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 15 MELDON 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
2017 15 DEC	£368,000	£168,981	118% above HPI
2013 4 JAN	£400,000	£158,801	152% above HPI
2000 4 FEB	£140,000	£78,366	79% above HPI

15 MELDON 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 15 MELDON WAY sales between February 2000 and December 2017 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 January 2013 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the December 2017 sale, where it falls to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is 15 MELDON WAY?

15 MELDON WAY is 181m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in High Shincliffe, based on EPC data. The below chart shows the distribution of detached houses by size in High Shincliffe, and where 15 MELDON WAY lies on this distribution: 87% of detached houses are smaller than 15 MELDON WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in High Shincliffe.

15 MELDON WAY: Plot and Title Map

15 MELDON WAY sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 15 MELDON 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 15 MELDON 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 15 MELDON WAY?

15 MELDON WAY is located in HIGH SHINCLIFFE, in the DH1 postcode district. The below map shows the position of No. 15 on MELDON WAY.