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 MIDDLEHOPE GROVE is a very small extended detached house of 76m², built sometime between 1983 and 1990. It was last sold for £156,000 in January 2021, which was around 15% below the average January 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 55 MIDDLEHOPE GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 55 MIDDLEHOPE GROVE 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 20 JAN | £156,000 | £184,130 | 15% below HPI |
2015 4 DEC | £124,000 | £159,972 | 22% below HPI |
2011 7 OCT | £115,000 | £164,422 | 30% below HPI |
1999 17 DEC | £56,950 | £78,012 | 27% below HPI |
1997 30 JUN | £58,000 | £69,882 | 17% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five 55 MIDDLEHOPE GROVE sales between June 1997 and January 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 December 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
55 MIDDLEHOPE GROVE is 76m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Auckland, and where 55 MIDDLEHOPE GROVE lies on this distribution: 10% of detached houses are smaller than 55 MIDDLEHOPE GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.
55 MIDDLEHOPE GROVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 55 MIDDLEHOPE GROVE, 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 MIDDLEHOPE GROVE). 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.
55 MIDDLEHOPE GROVE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 55 on MIDDLEHOPE GROVE.