Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
25 MULBERRY GROVE is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £153,000 in March 2013, which was around 2% below the average March 2013 detached price in the County Durham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 25 MULBERRY GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. The five 25 MULBERRY GROVE sales were a mix of below the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2013 25 MAR | £153,000 | £155,609 | 2% below HPI |
2007 9 JUL | £179,950 | £187,586 | 4% below HPI |
2004 18 OCT | £157,000 | £157,634 | Close to HPI |
2002 8 MAR | £104,000 | £86,132 | 21% above HPI |
2000 29 NOV | £90,000 | £79,895 | 13% 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 five 25 MULBERRY GROVE sales between November 2000 and March 2013 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
25 MULBERRY GROVE is 70m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Hobson, based on EPC data. The below chart shows the distribution of detached houses by size in Hobson, and where 25 MULBERRY GROVE lies on this distribution: 7% of detached houses are smaller than 25 MULBERRY GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hobson.
25 MULBERRY GROVE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 25 MULBERRY GROVE, 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 MULBERRY GROVE). 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 MULBERRY GROVE is located in HOBSON, in the NE16 postcode district. The below map shows the position of No. 25 on MULBERRY GROVE.