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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

COBWEB COTTAGE is a small extended detached house of 97m², built sometime before 1900. It was last sold for £438,000 in November 2023, which was around 109% 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	£209,752	109% above HPI
2018 19 MAR	£325,000	£161,955	101% 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 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the November 2023 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

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 in Butterknowle, based on EPC data. The below chart shows the distribution of detached houses by size in Butterknowle, and where COBWEB COTTAGE lies on this distribution: 35% of detached houses are smaller than COBWEB COTTAGE, and 65% 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.