73, HEATHMEADS, PELTON, CHESTER LE STREET, DH2 1NB - £180,000

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

73 HEATHMEADS is a large extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £180,000 in April 2018, which was around 10% above the average April 2018 detached price in the County Durham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

73 HEATHMEADS Sold Prices

Land registry data shows three sales for 73 HEATHMEADS 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 73 HEATHMEADS 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
2018 20 APR	£180,000	£164,142	10% above HPI
2014 2 MAY	£163,500	£154,532	6% above HPI
2001 29 JUN	£82,950	£81,054	2% above HPI

73 HEATHMEADS 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 73 HEATHMEADS sales between June 2001 and April 2018 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 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 73 HEATHMEADS?

73 HEATHMEADS is 122m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Pelton, based on EPC data. The below chart shows the distribution of detached houses by size in Pelton, and where 73 HEATHMEADS lies on this distribution: 75% of detached houses are smaller than 73 HEATHMEADS, and 25% of houses are larger. Note that EPC data is not available for all properties in Pelton.

73 HEATHMEADS: Plot and Title Map

73 HEATHMEADS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 73 HEATHMEADS, 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 73 HEATHMEADS). 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 73 HEATHMEADS?

73 HEATHMEADS is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 73 on HEATHMEADS.