3, HOLLOWFIELD, CHILTON, FERRYHILL, DL17 0RT - £145,000

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 HOLLOWFIELD is a small detached house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £195,494. It was last sold for £145,000 in August 2019, which was around 17% below the average August 2019 detached price in the County Durham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

3 HOLLOWFIELD Sold Prices

Land registry data shows four sales for 3 HOLLOWFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 3 HOLLOWFIELD 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
2019 16 AUG	£145,000	£175,165	17% below HPI
2007 15 NOV	£154,950	£199,057	22% below HPI
2006 14 MAR	£132,000	£181,017	27% below HPI
2003 28 FEB	£79,950	£107,034	25% below HPI

3 HOLLOWFIELD 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 four 3 HOLLOWFIELD sales between February 2003 and August 2019 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 November 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 HOLLOWFIELD be worth now?

3 HOLLOWFIELD might now be worth an estimated £195,494.

This is based on house price inflation of 34.8%, between August 2019 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 34.8% inflationary increase is applied to the most recent sale price for 3 HOLLOWFIELD of £145,000 on 16th August 2019. For the value to have increased from £145,000 to £195,494 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HOLLOWFIELD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2019 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLLOWFIELD has not materially changed since August 2019.

How Large is 3 HOLLOWFIELD?

3 HOLLOWFIELD is 96m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Chilton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilton, and where 3 HOLLOWFIELD lies on this distribution: 31% of detached houses houses are smaller than 3 HOLLOWFIELD, and 66% of houses are larger. Note that EPC data is not available for all properties in Chilton.

3 HOLLOWFIELD: Plot and Title Map

3 HOLLOWFIELD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 HOLLOWFIELD, 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 HOLLOWFIELD). 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 HOLLOWFIELD?

3 HOLLOWFIELD is located in CHILTON, in the DL17 postcode district. The below map shows the position of No. 3 on HOLLOWFIELD.