3, ETHERLEY BANK, HIGH ETHERLEY, BISHOP AUCKLAND, DL14 0LG - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ETHERLEY BANK is a very large extended detached house of 203m², built sometime between 1900 and 1929, which could now be worth an estimated £348,813. It was last sold for £320,000 in August 2022, which was around 48% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

3 ETHERLEY BANK Sold Prices

Land registry data shows three sales for 3 ETHERLEY BANK 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. One of the three 3 ETHERLEY BANK sales was for above the average price, whilst two 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
2022 22 AUG	£320,000	£216,656	48% above HPI
2020 3 JUL	£160,000	£173,472	8% below HPI
2013 15 OCT	£62,000	£162,919	62% below HPI

3 ETHERLEY BANK 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 ETHERLEY BANK sales between October 2013 and August 2022 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 3 ETHERLEY BANK be worth now?

3 ETHERLEY BANK might now be worth an estimated £348,813.

This is based on house price inflation of 9%, between August 2022 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9% inflationary increase is applied to the most recent sale price for 3 ETHERLEY BANK of £320,000 on 22nd August 2022. For the value to have increased from £320,000 to £348,813 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 ETHERLEY BANK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ETHERLEY BANK has not materially changed since August 2022.

How Large is 3 ETHERLEY BANK?

3 ETHERLEY BANK is 203m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in High Etherley, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Etherley, and where 3 ETHERLEY BANK lies on this distribution: 93% of detached houses houses are smaller than 3 ETHERLEY BANK, and 7% of houses are larger. Note that EPC data is not available for all properties in High Etherley.

3 ETHERLEY BANK: Plot and Title Map

3 ETHERLEY BANK sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 3 ETHERLEY BANK, 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 ETHERLEY BANK). 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 ETHERLEY BANK?

3 ETHERLEY BANK is located in HIGH ETHERLEY, in the DL14 postcode district. The below map shows the position of No. 3 on ETHERLEY BANK.