3, RUNCIE ROAD, BOWBURN, DURHAM, DH6 5EY - £222,500

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 RUNCIE ROAD is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £222,500 in September 2021, which was around 12% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

3 RUNCIE ROAD Sold Prices

Land registry data shows three sales for 3 RUNCIE 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. One of the three 3 RUNCIE ROAD 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
2021 20 SEP	£222,500	£198,499	12% above HPI
2014 11 APR	£130,500	£149,605	13% below HPI
2007 30 NOV	£182,500	£193,646	6% below HPI

3 RUNCIE 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 RUNCIE ROAD sales between November 2007 and September 2021 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 April 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 3 RUNCIE ROAD?

3 RUNCIE ROAD is 101m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 3 RUNCIE ROAD lies on this distribution: 39% of detached houses are smaller than 3 RUNCIE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

3 RUNCIE ROAD: Plot and Title Map

3 RUNCIE ROAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 RUNCIE 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 RUNCIE 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 RUNCIE ROAD?

3 RUNCIE ROAD is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 3 on RUNCIE ROAD.