5, IVYWAY, PELTON, CHESTER LE STREET, DH2 1DR - £107,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 IVYWAY is a very small detached house of 69m², built sometime between 2003 and 2006. It was last sold for £107,000 in August 2021, which was around 46% below the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was B.

5 IVYWAY Sold Prices

Land registry data shows two sales for 5 IVYWAY 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 IVYWAY 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
2021 27 AUG	£107,000	£196,735	46% below HPI
2005 14 JAN	£107,995	£159,075	32% below HPI

5 IVYWAY 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 IVYWAY sales from January 2005 and August 2021 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 January 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 5 IVYWAY?

5 IVYWAY is 69m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Pelton, based on EPC data. The below chart shows the distribution of detached houses by size in Pelton, and where 5 IVYWAY lies on this distribution: 5% of detached houses are smaller than 5 IVYWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Pelton.

5 IVYWAY: Plot and Title Map

5 IVYWAY sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 5 IVYWAY, 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 IVYWAY). 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 IVYWAY?

5 IVYWAY is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 5 on IVYWAY.