5, CORRIEDALE CLOSE, PITY ME, DURHAM, DH1 5GY - £307,000

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

5 CORRIEDALE CLOSE is a small extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £307,000 in August 2016, which was around 85% above the average August 2016 detached price in the County Durham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

5 CORRIEDALE CLOSE Sold Prices

Land registry data shows two sales for 5 CORRIEDALE CLOSE 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 5 CORRIEDALE CLOSE 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
2016 19 AUG	£307,000	£166,172	85% above HPI
1998 9 APR	£97,000	£70,496	38% above HPI

5 CORRIEDALE CLOSE 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 5 CORRIEDALE CLOSE sales from April 1998 and August 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 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2016 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 5 CORRIEDALE CLOSE?

5 CORRIEDALE CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 5 CORRIEDALE CLOSE lies on this distribution: 34% of detached houses are smaller than 5 CORRIEDALE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Durham.

5 CORRIEDALE CLOSE: Plot and Title Map

5 CORRIEDALE CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 5 CORRIEDALE CLOSE, 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 5 CORRIEDALE CLOSE). 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 5 CORRIEDALE CLOSE?

5 CORRIEDALE CLOSE is located in PITY ME, in the DH1 postcode district. The below map shows the position of No. 5 on CORRIEDALE CLOSE.