3, RICHARDSON FIELDS, BARNARD CASTLE, DL12 8HY - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RICHARDSON FIELDS is a midsized detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £348,431. It was last sold for £225,000 in March 2014, which was around 49% above the average March 2014 detached price in the County Durham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

3 RICHARDSON FIELDS Sold Prices

Land registry data shows three sales for 3 RICHARDSON FIELDS 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 RICHARDSON FIELDS sales were for 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
2014 26 MAR	£225,000	£151,481	49% above HPI
2006 1 DEC	£220,000	£188,280	17% above HPI
1996 21 JUN	£85,000	£70,692	20% above HPI

3 RICHARDSON FIELDS 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 RICHARDSON FIELDS sales between June 1996 and March 2014 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 December 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2014 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 3 RICHARDSON FIELDS be worth now?

3 RICHARDSON FIELDS might now be worth an estimated £348,431.

This is based on house price inflation of 54.9%, between March 2014 and December 2024, 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 54.9% inflationary increase is applied to the most recent sale price for 3 RICHARDSON FIELDS of £225,000 on 26th March 2014. For the value to have increased from £225,000 to £348,431 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 3 RICHARDSON FIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RICHARDSON FIELDS has not materially changed since March 2014.

How Large is 3 RICHARDSON FIELDS?

3 RICHARDSON FIELDS is 121m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses houses in Barnard Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnard Castle, and where 3 RICHARDSON FIELDS lies on this distribution: 49% of detached houses houses are smaller than 3 RICHARDSON FIELDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

3 RICHARDSON FIELDS: Plot and Title Map

3 RICHARDSON FIELDS sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 RICHARDSON FIELDS, 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 RICHARDSON FIELDS). 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 RICHARDSON FIELDS?

3 RICHARDSON FIELDS is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 3 on RICHARDSON FIELDS.