3, VILLAGE FARM, WEST CORNFORTH, FERRYHILL, DL17 9HL - £405,000

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 VILLAGE FARM is a large extended detached house of 167m², built sometime between 1996 and 2002, which could now be worth an estimated £562,075. It was last sold for £405,000 in October 2016, which was around 140% above the average October 2016 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

3 VILLAGE FARM Sold Prices

Land registry data shows two sales for 3 VILLAGE FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 3 VILLAGE FARM 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
2016 21 OCT	£405,000	£169,026	140% above HPI
2006 8 MAY	£290,000	£180,839	60% above HPI

3 VILLAGE FARM 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 two 3 VILLAGE FARM sales from May 2006 and October 2016 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 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2016 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 3 VILLAGE FARM be worth now?

3 VILLAGE FARM might now be worth an estimated £562,075.

This is based on house price inflation of 38.8%, between October 2016 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 38.8% inflationary increase is applied to the most recent sale price for 3 VILLAGE FARM of £405,000 on 21st October 2016. For the value to have increased from £405,000 to £562,075 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 VILLAGE FARM has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VILLAGE FARM has not materially changed since October 2016.

How Large is 3 VILLAGE FARM?

3 VILLAGE FARM is 167m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cornforth, and where 3 VILLAGE FARM lies on this distribution: 78% of detached houses houses are smaller than 3 VILLAGE FARM, and 22% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

3 VILLAGE FARM: Plot and Title Map

3 VILLAGE FARM sits on a plot of roughly 0.251 of an acre, or 1,016m². The below map shows the location of 3 VILLAGE FARM, 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 VILLAGE FARM). 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 VILLAGE FARM?

3 VILLAGE FARM is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 3 on VILLAGE FARM.