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

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

2 NEW SOUTH VIEW is a very large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £140,000 in November 2020, which was around 22% 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	£179,153	22% below HPI
2018 2 MAR	£127,500	£161,955	21% below HPI
2005 29 APR	£156,000	£163,631	5% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Chilton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilton, and where 2 NEW SOUTH VIEW lies on this distribution: 89% of detached houses are smaller than 2 NEW SOUTH VIEW, and 11% 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.