45, RAMSAY DRIVE, FERRYHILL, DL17 8PX - £135,000

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 RAMSAY DRIVE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £135,000 in November 2011, which was around 18% below the average November 2011 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

45 RAMSAY DRIVE Sold Prices

Land registry data shows two sales for 45 RAMSAY DRIVE 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. One of the two 45 RAMSAY DRIVE sales was for below the average price, whilst the other was 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
2011 10 NOV	£135,000	£165,010	18% below HPI
2004 21 APR	£139,950	£130,963	7% above HPI

45 RAMSAY DRIVE 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 RAMSAY DRIVE sales from April 2004 and November 2011 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 45 RAMSAY DRIVE?

45 RAMSAY DRIVE is 78m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Ferryhill, based on EPC data. The below chart shows the distribution of detached houses by size in Ferryhill, and where 45 RAMSAY DRIVE lies on this distribution: 16% of detached houses are smaller than 45 RAMSAY DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

45 RAMSAY DRIVE: Plot and Title Map

45 RAMSAY DRIVE sits on a plot of roughly 0.117 of an acre, or 471m². The below map shows the location of 45 RAMSAY DRIVE, 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 RAMSAY DRIVE). 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 RAMSAY DRIVE?

45 RAMSAY DRIVE is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 45 on RAMSAY DRIVE.