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 THE BUTTS is a very large extended detached house of 222m², built sometime before 1900. It was last sold for £480,000 in July 2020, which was around 184% above the average July 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 5 THE BUTTS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 5 THE BUTTS 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 |
---|---|---|---|
2020 31 JUL | £480,000 | £168,756 | 184% above HPI |
2004 15 JUL | £250,000 | £148,124 | 69% above HPI |
1998 20 MAR | £115,000 | £70,863 | 62% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 5 THE BUTTS sales between March 1998 and July 2020 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 July 2004 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2020 sale, where it rises to 184% above the HPI. The line then continues to track at 184% above the HPI.
5 THE BUTTS is 222m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses by size in Stanhope, and where 5 THE BUTTS lies on this distribution: 85% of detached houses are smaller than 5 THE BUTTS, and 15% of houses are larger. Note that EPC data is not available for all properties in Stanhope.
5 THE BUTTS sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 5 THE BUTTS, 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 THE BUTTS). 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.
5 THE BUTTS is located in STANHOPE, in the DL13 postcode district. The below map shows the position of No. 5 on THE BUTTS.