40, THE MEADOWS, WEST RAINTON, HOUGHTON LE SPRING, DH4 6NP - £178,000

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

40 THE MEADOWS is a small extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £178,000 in October 2005, which was around 2% above the average October 2005 detached price in the County Durham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

40 THE MEADOWS Sold Prices

Land registry data shows three sales for 40 THE MEADOWS 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 40 THE MEADOWS 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
2005 21 OCT	£178,000	£174,016	2% above HPI
2002 31 MAY	£92,950	£89,614	4% above HPI
2000 10 JUL	£82,950	£81,192	2% above HPI

40 THE MEADOWS 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 40 THE MEADOWS sales between July 2000 and October 2005 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 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2005 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 40 THE MEADOWS?

40 THE MEADOWS is 126m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in West Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in West Rainton, and where 40 THE MEADOWS lies on this distribution: 37% of detached houses are smaller than 40 THE MEADOWS, and 63% of houses are larger. Note that EPC data is not available for all properties in West Rainton.

40 THE MEADOWS: Plot and Title Map

40 THE MEADOWS sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 40 THE MEADOWS, 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 40 THE MEADOWS). 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 40 THE MEADOWS?

40 THE MEADOWS is located in WEST RAINTON, in the DH4 postcode district. The below map shows the position of No. 40 on THE MEADOWS.