70, RUNCIE ROAD, BOWBURN, DURHAM, DH6 5EY - £125,000

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

70 RUNCIE ROAD is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £125,000 in April 2015, which was around 20% below the average April 2015 detached price in the County Durham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

70 RUNCIE ROAD Sold Prices

Land registry data shows three sales for 70 RUNCIE ROAD 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. Two of the three 70 RUNCIE ROAD sales were for below the average price, whilst one was 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
2015 30 APR	£125,000	£156,817	20% below HPI
2002 21 MAY	£85,000	£89,614	5% below HPI
1996 29 MAR	£68,350	£66,065	3% above HPI

70 RUNCIE ROAD 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 70 RUNCIE ROAD sales between March 1996 and April 2015 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 May 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 70 RUNCIE ROAD?

70 RUNCIE ROAD is 71m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 70 RUNCIE ROAD lies on this distribution: 4% of detached houses are smaller than 70 RUNCIE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

70 RUNCIE ROAD: Plot and Title Map

70 RUNCIE ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 70 RUNCIE ROAD, 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 70 RUNCIE ROAD). 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 70 RUNCIE ROAD?

70 RUNCIE ROAD is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 70 on RUNCIE ROAD.