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 BALMORAL DRIVE is a very small extended detached house of 70m², built sometime between 2007 and 2011. It was last sold for £140,000 in January 2024, which was around 33% below the average January 2024 detached price in the County Durham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 25 BALMORAL DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six 25 BALMORAL DRIVE 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 |
---|---|---|---|
2024 26 JAN | £140,000 | £207,493 | 33% below HPI |
2020 31 JUL | £112,000 | £168,756 | 34% below HPI |
2019 20 AUG | £110,000 | £170,402 | 35% below HPI |
2018 11 MAY | £115,000 | £165,135 | 30% below HPI |
2013 23 DEC | £96,000 | £155,685 | 38% below HPI |
2010 19 APR | £109,995 | £169,955 | 35% 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 six 25 BALMORAL DRIVE sales between April 2010 and January 2024 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 July 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
25 BALMORAL DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Annfield Plain, based on EPC data. The below chart shows the distribution of detached houses by size in Annfield Plain, and where 25 BALMORAL DRIVE lies on this distribution: 4% of detached houses are smaller than 25 BALMORAL DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Annfield Plain.
25 BALMORAL DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 25 BALMORAL DRIVE, 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 BALMORAL DRIVE). 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 BALMORAL DRIVE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 25 on BALMORAL DRIVE.