3, MEADOW VIEW, WHEATLEY HILL, DURHAM, DH6 3ND - £120,000

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

3 MEADOW VIEW is a midsized detached house of 94m², built sometime between 2003 and 2006. It was last sold for £120,000 in May 2018, which was around 27% below the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

3 MEADOW VIEW Sold Prices

Land registry data shows four sales for 3 MEADOW VIEW 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 MEADOW VIEW 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
2018 31 MAY	£120,000	£165,135	27% below HPI
2018 4 MAY	£122,500	£165,135	26% below HPI
2015 27 FEB	£117,500	£154,532	24% below HPI
2004 3 JUN	£115,000	£143,112	20% below HPI

3 MEADOW VIEW 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 MEADOW VIEW sales between June 2004 and May 2018 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 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 MEADOW VIEW?

3 MEADOW VIEW is 94m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Wheatley Hill, and where 3 MEADOW VIEW lies on this distribution: 44% of detached houses are smaller than 3 MEADOW VIEW, and 55% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

3 MEADOW VIEW: Plot and Title Map

3 MEADOW VIEW sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 MEADOW VIEW, 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 MEADOW VIEW). 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 MEADOW VIEW?

3 MEADOW VIEW is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 3 on MEADOW VIEW.