41, PROSPECT PLACE, COXHOE, DURHAM, DH6 4LA - £210,000

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 PROSPECT PLACE is a midsized extended detached house of 97m², built sometime from 2012 onwards. It was last sold for £210,000 in March 2023, which was around 2% above the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

41 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 41 PROSPECT PLACE 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. Two of the three 41 PROSPECT PLACE sales were for above the average price, whilst one was 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
2023 31 MAR	£210,000	£206,611	2% above HPI
2022 9 DEC	£215,000	£216,994	1% below HPI
2013 28 MAR	£191,500	£155,609	23% above HPI

41 PROSPECT PLACE 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 PROSPECT PLACE sales between March 2013 and March 2023 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 December 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 41 PROSPECT PLACE?

41 PROSPECT PLACE is 97m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Coxhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Coxhoe, and where 41 PROSPECT PLACE lies on this distribution: 43% of detached houses are smaller than 41 PROSPECT PLACE, and 57% of houses are larger. Note that EPC data is not available for all properties in Coxhoe.

41 PROSPECT PLACE: Plot and Title Map

41 PROSPECT PLACE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 41 PROSPECT PLACE, 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 PROSPECT PLACE). 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 PROSPECT PLACE?

41 PROSPECT PLACE is located in COXHOE, in the DH6 postcode district. The below map shows the position of No. 41 on PROSPECT PLACE.