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
2 BEES COTTAGES is a midsized detached house of 134m², built sometime before 1900. It was last sold for £465,500 in December 2023, which was around 122% above the average December 2023 detached price in the County Durham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 2 BEES COTTAGES since 1st 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 2 BEES COTTAGES 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 8 DEC | £465,500 | £209,897 | 122% above HPI |
2019 8 FEB | £360,000 | £161,893 | 122% above HPI |
1998 8 MAY | £95,000 | £71,194 | 33% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 2 BEES COTTAGES sales between May 1998 and December 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 February 2019 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the December 2023 sale, which was also at 122% above the HPI.
2 BEES COTTAGES is 134m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 2 BEES COTTAGES lies on this distribution: 56% of detached houses are smaller than 2 BEES COTTAGES, and 44% of houses are larger. Note that EPC data is not available for all properties in Durham.
2 BEES COTTAGES sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 2 BEES COTTAGES, 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 2 BEES COTTAGES). 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.
2 BEES COTTAGES is located on BRIDGE STREET in DURHAM, in the DH1 postcode district. The below map shows the position of 2 BEES COTTAGES on BRIDGE STREET.