58, MELDON AVENUE, SHERBURN VILLAGE, DURHAM, DH6 1JY - £185,000

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

58 MELDON AVENUE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £185,000 in July 2023, which was around 10% below the average July 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

58 MELDON AVENUE Sold Prices

Land registry data shows three sales for 58 MELDON AVENUE since 1^st 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 58 MELDON AVENUE 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
2023 12 JUL	£185,000	£205,116	10% below HPI
2021 20 DEC	£138,500	£197,762	30% below HPI
1998 6 APR	£57,950	£70,496	18% below HPI

58 MELDON AVENUE 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 three 58 MELDON AVENUE sales between April 1998 and July 2023 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 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 58 MELDON AVENUE?

58 MELDON AVENUE is 70m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn, and where 58 MELDON AVENUE lies on this distribution: 3% of detached houses are smaller than 58 MELDON AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

58 MELDON AVENUE: Plot and Title Map

58 MELDON AVENUE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 58 MELDON AVENUE, 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 58 MELDON AVENUE). 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 58 MELDON AVENUE?

58 MELDON AVENUE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 58 on MELDON AVENUE.