7, MILLENNIUM COURT, TOW LAW, BISHOP AUCKLAND, DL13 4EX - £325,000

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

7 MILLENNIUM COURT is a very large detached house of 303m², built sometime between 2003 and 2006. It was last sold for £325,000 in February 2024, which was around 56% above the average February 2024 detached price in the County Durham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

7 MILLENNIUM COURT Sold Prices

Land registry data shows three sales for 7 MILLENNIUM COURT 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 7 MILLENNIUM COURT 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
2024 1 FEB	£325,000	£208,132	56% above HPI
2021 26 FEB	£270,000	£184,914	46% above HPI
2007 23 MAR	£335,000	£181,619	84% above HPI

7 MILLENNIUM COURT 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 7 MILLENNIUM COURT sales between March 2007 and February 2024 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 February 2021 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2024 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 7 MILLENNIUM COURT?

7 MILLENNIUM COURT is 303m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses in Tow Law, based on EPC data. The below chart shows the distribution of detached houses by size in Tow Law, and where 7 MILLENNIUM COURT lies on this distribution: 98% of detached houses are smaller than 7 MILLENNIUM COURT, and 2% of houses are larger. Note that EPC data is not available for all properties in Tow Law.

7 MILLENNIUM COURT: Plot and Title Map

7 MILLENNIUM COURT sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 7 MILLENNIUM COURT, 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 7 MILLENNIUM COURT). 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 7 MILLENNIUM COURT?

7 MILLENNIUM COURT is located in TOW LAW, in the DL13 postcode district. The below map shows the position of No. 7 on MILLENNIUM COURT.