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 SCARDALE WAY is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £134,950 in September 2006, which was around 26% below the average September 2006 detached price in the County Durham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 SCARDALE WAY 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 SCARDALE WAY 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 |
---|---|---|---|
2006 11 SEP | £134,950 | £181,658 | 26% below HPI |
2000 24 NOV | £56,500 | £79,895 | 29% below HPI |
1995 23 JUN | £48,000 | £65,741 | 27% 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 SCARDALE WAY sales between June 1995 and September 2006 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 November 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2006 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
2 SCARDALE WAY is 55m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% 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 SCARDALE WAY lies on this distribution: Less than 1% of detached houses are smaller than 2 SCARDALE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Durham.
2 SCARDALE WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 2 SCARDALE WAY, 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 SCARDALE WAY). 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 SCARDALE WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 2 on SCARDALE WAY.