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
88A MEADOWFIELD is a very small detached house of 85m², built sometime from 2007 onwards. It was last sold for £128,000 in August 2015, which was around 21% below the average August 2015 detached price in the County Durham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 88A MEADOWFIELD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 88A MEADOWFIELD 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 |
---|---|---|---|
2015 7 AUG | £128,000 | £161,618 | 21% below HPI |
2013 8 MAR | £123,500 | £155,609 | 21% below HPI |
2011 20 MAY | £115,000 | £165,834 | 31% below HPI |
2008 18 DEC | £150,000 | £172,233 | 13% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 88A MEADOWFIELD sales between December 2008 and August 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 March 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2015 sale, which was also at 21% below the HPI.
88A MEADOWFIELD is 85m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Burnhope, based on EPC data. The below chart shows the distribution of detached houses by size in Burnhope, and where 88A MEADOWFIELD lies on this distribution: 10% of detached houses are smaller than 88A MEADOWFIELD, and 90% of houses are larger. Note that EPC data is not available for all properties in Burnhope.
88A MEADOWFIELD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 88A MEADOWFIELD, 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 88A MEADOWFIELD). 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.
88A MEADOWFIELD is located in BURNHOPE, in the DH7 postcode district. The below map shows the position of No. 88A on MEADOWFIELD.