3, ELM ROAD, SHILDON, DL4 1BH - £90,000

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

3 ELM ROAD is a very small extended detached house of 72m², built sometime between 1900 and 1929. It was last sold for £90,000 in August 2007, which was around 53% below the average August 2007 detached price in the County Durham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

3 ELM ROAD Sold Prices

Land registry data shows three sales for 3 ELM ROAD 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 3 ELM ROAD 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
2007 29 AUG	£90,000	£190,032	53% below HPI
2007 14 MAY	£75,000	£183,519	59% below HPI
2002 6 SEP	£29,350	£96,423	70% below HPI

3 ELM ROAD 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 3 ELM ROAD sales between September 2002 and August 2007 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 May 2007 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2007 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 3 ELM ROAD?

3 ELM ROAD is 72m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses in Shildon, based on EPC data. The below chart shows the distribution of detached houses by size in Shildon, and where 3 ELM ROAD lies on this distribution: 4% of detached houses are smaller than 3 ELM ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Shildon.

3 ELM ROAD: Plot and Title Map

3 ELM ROAD sits on a plot of roughly 0.023 of an acre, or 91m². The below map shows the location of 3 ELM ROAD, 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 3 ELM ROAD). 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 3 ELM ROAD?

3 ELM ROAD is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 3 on ELM ROAD.