2, NEW SOUTH VIEW, CHILTON, FERRYHILL, DL17 0PS - £140,000

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

2 NEW SOUTH VIEW is a very large extended detached house of 136m², built sometime between 1930 and 1949, which could now be worth an estimated £179,534. It was last sold for £140,000 in November 2020, which was around 24% below the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

2 NEW SOUTH VIEW Sold Prices

Land registry data shows three sales for 2 NEW SOUTH VIEW 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 2 NEW SOUTH VIEW 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
2020 30 NOV	£140,000	£184,160	24% below HPI
2018 2 MAR	£127,500	£166,481	23% below HPI
2005 29 APR	£156,000	£168,204	7% below HPI

2 NEW SOUTH VIEW 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 2 NEW SOUTH VIEW sales between April 2005 and November 2020 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 March 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 NEW SOUTH VIEW be worth now?

2 NEW SOUTH VIEW might now be worth an estimated £179,534.

This is based on house price inflation of 28.2%, between November 2020 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 28.2% inflationary increase is applied to the most recent sale price for 2 NEW SOUTH VIEW of £140,000 on 30th November 2020. For the value to have increased from £140,000 to £179,534 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 NEW SOUTH VIEW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2020 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW SOUTH VIEW has not materially changed since November 2020.

How Large is 2 NEW SOUTH VIEW?

2 NEW SOUTH VIEW is 136m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 20% of detached houses houses in Chilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilton, and where 2 NEW SOUTH VIEW lies on this distribution: 88% of detached houses houses are smaller than 2 NEW SOUTH VIEW, and 12% of houses are larger. Note that EPC data is not available for all properties in Chilton.

2 NEW SOUTH VIEW: Plot and Title Map

2 NEW SOUTH VIEW sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 NEW SOUTH VIEW, 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 NEW SOUTH VIEW). 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 2 NEW SOUTH VIEW?

2 NEW SOUTH VIEW is located in CHILTON, in the DL17 postcode district. The below map shows the position of No. 2 on NEW SOUTH VIEW.