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
4 WEARDALE PARK is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £130,000 in September 2022, which was around 39% below the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 WEARDALE PARK since 1st 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 4 WEARDALE PARK 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 |
---|---|---|---|
2022 2 SEP | £130,000 | £213,667 | 39% below HPI |
2019 8 NOV | £150,000 | £169,475 | 11% below HPI |
2003 27 JUN | £97,000 | £112,663 | 14% below HPI |
2000 7 DEC | £70,000 | £80,251 | 13% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 4 WEARDALE PARK sales between December 2000 and September 2022 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 November 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
4 WEARDALE PARK is 80m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% 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 4 WEARDALE PARK lies on this distribution: 26% of detached houses are smaller than 4 WEARDALE PARK, and 71% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.
4 WEARDALE PARK sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 4 WEARDALE PARK, 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 4 WEARDALE PARK). 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.
4 WEARDALE PARK is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 4 on WEARDALE PARK.