COBWEB COTTAGE, SOUTHSIDE, BISHOP AUCKLAND, DL13 5JY - £438,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

COBWEB COTTAGE is a small extended detached house of 97m², built sometime before 1900, which could now be worth an estimated £478,932. It was last sold for £438,000 in November 2023, which was around 103% above the average November 2023 detached price in the County Durham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was A.

COBWEB COTTAGE Sold Prices

Land registry data shows two sales for COBWEB COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two COBWEB COTTAGE 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
2023 30 NOV	£438,000	£215,980	103% above HPI
2018 19 MAR	£325,000	£166,481	95% above HPI

COBWEB COTTAGE 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 two COBWEB COTTAGE sales from March 2018 and November 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 March 2018 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the November 2023 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might COBWEB COTTAGE be worth now?

COBWEB COTTAGE might now be worth an estimated £478,932.

This is based on house price inflation of 9.3%, between November 2023 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.3% inflationary increase is applied to the most recent sale price for COBWEB COTTAGE of £438,000 on 30th November 2023. For the value to have increased from £438,000 to £478,932 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of COBWEB COTTAGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2023 sale price of £438,000 represented a fair market value for the property.
• The size, condition, and specification of COBWEB COTTAGE has not materially changed since November 2023.

How Large is COBWEB COTTAGE?

COBWEB COTTAGE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Butterknowle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Butterknowle, and where COBWEB COTTAGE lies on this distribution: 37% of detached houses houses are smaller than COBWEB COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Butterknowle.

COBWEB COTTAGE: Plot and Title Map

COBWEB COTTAGE sits on a plot of roughly 4.3 acres, or 17,212m². The below map shows the location of COBWEB COTTAGE, 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 COBWEB COTTAGE). 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 COBWEB COTTAGE?

COBWEB COTTAGE is located in SOUTHSIDE, in the DL13 postcode district. The below map shows the position of COBWEB COTTAGE in SOUTHSIDE.