47, HIGHFIELDS, TOW LAW, BISHOP AUCKLAND, DL13 4BA - £145,000

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

47 HIGHFIELDS is a small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £145,000 in August 2023, which was around 30% below the average August 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

47 HIGHFIELDS Sold Prices

Land registry data shows two sales for 47 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 47 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
2023 16 AUG	£145,000	£208,247	30% below HPI
2006 29 DEC	£162,995	£183,161	11% below HPI

47 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 47 HIGHFIELDS sales from December 2006 and August 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 47 HIGHFIELDS?

47 HIGHFIELDS is 88m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% 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 47 HIGHFIELDS lies on this distribution: 27% of detached houses are smaller than 47 HIGHFIELDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Tow Law.

47 HIGHFIELDS: Plot and Title Map

47 HIGHFIELDS sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 47 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 47 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 47 HIGHFIELDS?

47 HIGHFIELDS is located in TOW LAW, in the DL13 postcode district. The below map shows the position of No. 47 on HIGHFIELDS.