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
44 HIGHSTEADS is a large extended detached house of 147m², built sometime between 1996 and 2002. It was last sold for £275,000 in August 2013, which was around 71% above the average August 2013 detached price in the County Durham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 44 HIGHSTEADS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 44 HIGHSTEADS 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 |
---|---|---|---|
2013 7 AUG | £275,000 | £160,821 | 71% above HPI |
2007 5 FEB | £249,995 | £181,815 | 37% above HPI |
2005 26 AUG | £227,000 | £170,932 | 33% above HPI |
2003 6 JUN | £173,000 | £112,663 | 54% above HPI |
1997 20 AUG | £114,995 | £72,939 | 58% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five 44 HIGHSTEADS sales between August 1997 and August 2013 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 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2013 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.
44 HIGHSTEADS is 147m², which includes three extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Medomsley, based on EPC data. The below chart shows the distribution of detached houses by size in Medomsley, and where 44 HIGHSTEADS lies on this distribution: 78% of detached houses are smaller than 44 HIGHSTEADS, and 22% of houses are larger. Note that EPC data is not available for all properties in Medomsley.
44 HIGHSTEADS sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 44 HIGHSTEADS, 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 44 HIGHSTEADS). 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.
44 HIGHSTEADS is located in MEDOMSLEY, in the DH8 postcode district. The below map shows the position of No. 44 on HIGHSTEADS.