18A, BANK TOP, BISHOP MIDDLEHAM, FERRYHILL, DL17 9AW - £250,000

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

18A BANK TOP is a small extended detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £354,466. It was last sold for £250,000 in April 2011, which was around 50% above the average April 2011 detached price in the County Durham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

18A BANK TOP Sold Prices

Land registry data shows three sales for 18A BANK TOP 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 18A BANK TOP 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
2011 20 APR	£250,000	£166,563	50% above HPI
2002 12 FEB	£146,000	£87,753	66% above HPI
1998 20 MAR	£128,000	£72,843	76% above HPI

18A BANK TOP 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 18A BANK TOP sales between March 1998 and April 2011 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 February 2002 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the April 2011 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 18A BANK TOP be worth now?

18A BANK TOP might now be worth an estimated £354,466.

This is based on house price inflation of 41.8%, between April 2011 and February 2025, 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 41.8% inflationary increase is applied to the most recent sale price for 18A BANK TOP of £250,000 on 20th April 2011. For the value to have increased from £250,000 to £354,466 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 18A BANK TOP has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18A BANK TOP has not materially changed since April 2011.

How Large is 18A BANK TOP?

18A BANK TOP is 98m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses houses in Bishop Middleham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Middleham, and where 18A BANK TOP lies on this distribution: 24% of detached houses houses are smaller than 18A BANK TOP, and 74% of houses are larger. Note that EPC data is not available for all properties in Bishop Middleham.

18A BANK TOP: Plot and Title Map

18A BANK TOP sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 18A BANK TOP, 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 18A BANK TOP). 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 18A BANK TOP?

18A BANK TOP is located in BISHOP MIDDLEHAM, in the DL17 postcode district. The below map shows the position of No. 18A on BANK TOP.