55, RED HOUSES, HIGH ETHERLEY, BISHOP AUCKLAND, DL14 0HL - £85,000

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 RED HOUSES is a midsized extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £117,244. It was last sold for £85,000 in July 2011, which was around 50% below the average July 2011 detached price in the County Durham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

55 RED HOUSES Sold Prices

Land registry data shows two sales for 55 RED HOUSES 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 RED HOUSES 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
2011 15 JUL	£85,000	£171,215	50% below HPI
1998 30 JUN	£35,000	£73,736	53% below HPI

55 RED HOUSES 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 RED HOUSES sales from June 1998 and July 2011 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 June 1998 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2011 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 55 RED HOUSES be worth now?

55 RED HOUSES might now be worth an estimated £117,244.

This is based on house price inflation of 37.9%, between July 2011 and February 2025, for 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 37.9% inflationary increase is applied to the most recent sale price for 55 RED HOUSES of £85,000 on 15th July 2011. For the value to have increased from £85,000 to £117,244 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 55 RED HOUSES has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2011 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 55 RED HOUSES has not materially changed since July 2011.

How Large is 55 RED HOUSES?

55 RED HOUSES is 94m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% of detached houses houses in High Etherley, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Etherley, and where 55 RED HOUSES lies on this distribution: 41% of detached houses houses are smaller than 55 RED HOUSES, and 59% of houses are larger. Note that EPC data is not available for all properties in High Etherley.

55 RED HOUSES: Plot and Title Map

55 RED HOUSES sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 55 RED HOUSES, 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 RED HOUSES). 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 RED HOUSES?

55 RED HOUSES is located in HIGH ETHERLEY, in the DL14 postcode district. The below map shows the position of No. 55 on RED HOUSES.