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 CARRS COTTAGES is a very small extended detached house of 48m², built sometime between 1930 and 1949. It was last sold for £50,000 in March 2023, which was around 76% below the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 CARRS 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 CARRS COTTAGES sales were 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 |
---|---|---|---|
2023 31 MAR | £50,000 | £206,611 | 76% below HPI |
2005 17 AUG | £76,750 | £170,932 | 55% below HPI |
1995 26 MAY | £23,500 | £64,964 | 64% below 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 CARRS COTTAGES sales between May 1995 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 August 2005 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2023 sale, where it falls to 76% below the HPI. The line then continues to track at 76% below the HPI.
2 CARRS COTTAGES is 48m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Coxhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Coxhoe, and where 2 CARRS COTTAGES lies on this distribution: Less than 1% of detached houses are smaller than 2 CARRS COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Coxhoe.
2 CARRS COTTAGES sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 2 CARRS 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 CARRS 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 CARRS COTTAGES is located on LINDEN GROVE in COXHOE, in the DH6 postcode district. The below map shows the position of 2 CARRS COTTAGES on LINDEN GROVE.