55, GARMONDSWAY ROAD, WEST CORNFORTH, FERRYHILL, DL17 9HD - £118,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 GARMONDSWAY ROAD is a small extended semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £130,429. It was last sold for £118,500 in July 2022, which was around 4% below the average July 2022 semi-detached price in the County Durham local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

55 GARMONDSWAY ROAD Sold Prices

Land registry data shows six sales for 55 GARMONDSWAY ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. three of the six 55 GARMONDSWAY ROAD sales were for below the average price, and six 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
2022 8 JUL	£118,500	£123,707	4% below HPI
2008 6 AUG	£95,000	£114,218	17% below HPI
2007 12 JAN	£126,000	£110,507	14% above HPI
2004 8 OCT	£112,000	£92,424	21% above HPI
2002 12 APR	£59,000	£47,578	24% above HPI
1998 3 NOV	£30,000	£40,332	26% below HPI

55 GARMONDSWAY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The six 55 GARMONDSWAY ROAD sales between November 1998 and July 2022 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 August 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 55 GARMONDSWAY ROAD be worth now?

55 GARMONDSWAY ROAD might now be worth an estimated £130,429.

This is based on house price inflation of 10.1%, between July 2022 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 55 GARMONDSWAY ROAD of £118,500 on 8th July 2022. For the value to have increased from £118,500 to £130,429 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 55 GARMONDSWAY ROAD has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2022 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 55 GARMONDSWAY ROAD has not materially changed since July 2022.

How Large is 55 GARMONDSWAY ROAD?

55 GARMONDSWAY ROAD is 92m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of semi-detached houses houses in Cornforth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cornforth, and where 55 GARMONDSWAY ROAD lies on this distribution: 23% of semi-detached houses houses are smaller than 55 GARMONDSWAY ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

55 GARMONDSWAY ROAD: Plot and Title Map

55 GARMONDSWAY ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 55 GARMONDSWAY ROAD, 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 55 GARMONDSWAY ROAD). 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 55 GARMONDSWAY ROAD?

55 GARMONDSWAY ROAD is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 55 on GARMONDSWAY ROAD.