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
25 BALMER HILL is a large detached house of 121m², built sometime between 1967 and 1975. It was last sold for £240,000 in June 2018, which was around 45% above the average June 2018 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 25 BALMER HILL since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 25 BALMER HILL 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 |
---|---|---|---|
2018 29 JUN | £240,000 | £165,735 | 45% above HPI |
2002 25 JAN | £129,500 | £85,661 | 51% 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 two 25 BALMER HILL sales from January 2002 and June 2018 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 January 2002 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2018 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.
25 BALMER HILL is 121m² according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Gainford, based on EPC data. The below chart shows the distribution of detached houses by size in Gainford, and where 25 BALMER HILL lies on this distribution: 63% of detached houses are smaller than 25 BALMER HILL, and 37% of houses are larger. Note that EPC data is not available for all properties in Gainford.
25 BALMER HILL sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 25 BALMER HILL, 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 25 BALMER HILL). 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.
25 BALMER HILL is located in GAINFORD, in the DL2 postcode district. The below map shows the position of No. 25 on BALMER HILL.