45, HIGHFIELDS, TOW LAW, BISHOP AUCKLAND, DL13 4BA - £125,000

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

45 HIGHFIELDS is a small detached house of 91m², built sometime from 2007 onwards. It was last sold for £125,000 in September 2016, which was around 25% below the average September 2016 detached price in the County Durham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

45 HIGHFIELDS Sold Prices

Land registry data shows two sales for 45 HIGHFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 45 HIGHFIELDS 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
2016 5 SEP	£125,000	£166,538	25% below HPI
2009 30 APR	£118,750	£161,756	27% below HPI

45 HIGHFIELDS 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 two 45 HIGHFIELDS sales from April 2009 and September 2016 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 April 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 45 HIGHFIELDS?

45 HIGHFIELDS is 91m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Tow Law, based on EPC data. The below chart shows the distribution of detached houses by size in Tow Law, and where 45 HIGHFIELDS lies on this distribution: 31% of detached houses are smaller than 45 HIGHFIELDS, and 69% of houses are larger. Note that EPC data is not available for all properties in Tow Law.

45 HIGHFIELDS: Plot and Title Map

45 HIGHFIELDS sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 45 HIGHFIELDS, 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 45 HIGHFIELDS). 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 45 HIGHFIELDS?

45 HIGHFIELDS is located in TOW LAW, in the DL13 postcode district. The below map shows the position of No. 45 on HIGHFIELDS.