55, HIGHSTEADS, MEDOMSLEY, CONSETT, DH8 6QB - £110,000

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

55 HIGHSTEADS is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £110,000 in May 2002, which was around 23% above the average May 2002 detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

55 HIGHSTEADS Sold Prices

Land registry data shows two sales for 55 HIGHSTEADS 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 55 HIGHSTEADS 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
2002 7 MAY	£110,000	£89,614	23% above HPI
1997 18 APR	£87,995	£66,926	31% above HPI

55 HIGHSTEADS 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 55 HIGHSTEADS sales from April 1997 and May 2002 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 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2002 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 55 HIGHSTEADS?

55 HIGHSTEADS is 126m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Medomsley, based on EPC data. The below chart shows the distribution of detached houses by size in Medomsley, and where 55 HIGHSTEADS lies on this distribution: 56% of detached houses are smaller than 55 HIGHSTEADS, and 44% of houses are larger. Note that EPC data is not available for all properties in Medomsley.

55 HIGHSTEADS: Plot and Title Map

55 HIGHSTEADS sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 55 HIGHSTEADS, 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 HIGHSTEADS). 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 HIGHSTEADS?

55 HIGHSTEADS is located in MEDOMSLEY, in the DH8 postcode district. The below map shows the position of No. 55 on HIGHSTEADS.