3, SCHOOL GREEN, THORNLEY, DURHAM, DH6 3EQ - £157,000

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 SCHOOL GREEN is a very small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £157,000 in January 2018, which was around 6% below the average January 2018 detached price in the County Durham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 SCHOOL GREEN Sold Prices

Land registry data shows three sales for 3 SCHOOL GREEN 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 SCHOOL GREEN 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 JAN	£157,000	£166,759	6% below HPI
2002 22 APR	£78,500	£87,520	10% below HPI
1996 5 SEP	£27,500	£67,927	60% below HPI

3 SCHOOL GREEN 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 SCHOOL GREEN sales between September 1996 and January 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 April 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 SCHOOL GREEN?

3 SCHOOL GREEN is 85m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Thornley, based on EPC data. The below chart shows the distribution of detached houses by size in Thornley, and where 3 SCHOOL GREEN lies on this distribution: 19% of detached houses are smaller than 3 SCHOOL GREEN, and 80% of houses are larger. Note that EPC data is not available for all properties in Thornley.

3 SCHOOL GREEN: Plot and Title Map

3 SCHOOL GREEN sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 3 SCHOOL GREEN, 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 SCHOOL GREEN). 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 SCHOOL GREEN?

3 SCHOOL GREEN is located in THORNLEY, in the DH6 postcode district. The below map shows the position of No. 3 on SCHOOL GREEN.