41, IVYWAY, PELTON, CHESTER LE STREET, DH2 1DR - £200,000

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

41 IVYWAY is a midsized extended detached house of 98m², built sometime between 2007 and 2011. It was last sold for £200,000 in December 2022, which was around 8% below the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

41 IVYWAY Sold Prices

Land registry data shows three sales for 41 IVYWAY 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 41 IVYWAY 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 9 DEC	£200,000	£216,994	8% below HPI
2010 19 FEB	£152,500	£169,811	10% below HPI
2006 10 FEB	£134,995	£176,368	23% below HPI

41 IVYWAY 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 41 IVYWAY sales between February 2006 and December 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 February 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 41 IVYWAY?

41 IVYWAY is 98m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Pelton, based on EPC data. The below chart shows the distribution of detached houses by size in Pelton, and where 41 IVYWAY lies on this distribution: 46% of detached houses are smaller than 41 IVYWAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Pelton.

41 IVYWAY: Plot and Title Map

41 IVYWAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 41 IVYWAY, 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 41 IVYWAY). 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 41 IVYWAY?

41 IVYWAY is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 41 on IVYWAY.