DEMESNES COTTAGE, DEMESNES, BARNARD CASTLE, DL12 8PA - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

DEMESNES COTTAGE is a very small detached house of 61m², built sometime before 1900, which could now be worth an estimated £233,762. It was last sold for £165,000 in October 2015, which was about the average October 2015 detached price in the County Durham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

DEMESNES COTTAGE Sold Prices

Land registry data shows three sales for DEMESNES COTTAGE 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. The three DEMESNES COTTAGE sales were a mix of roughly equal to the average price, and 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 14 OCT	£165,000	£165,578	Close to HPI
2011 1 JUL	£95,000	£171,215	45% below HPI
2002 12 JUL	£60,000	£96,094	38% below HPI

DEMESNES 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 three DEMESNES COTTAGE sales between July 2002 and October 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 July 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might DEMESNES COTTAGE be worth now?

DEMESNES COTTAGE might now be worth an estimated £233,762.

This is based on house price inflation of 41.7%, between October 2015 and December 2024, 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 41.7% inflationary increase is applied to the most recent sale price for DEMESNES COTTAGE of £165,000 on 14th October 2015. For the value to have increased from £165,000 to £233,762 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of DEMESNES COTTAGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of DEMESNES COTTAGE has not materially changed since October 2015.

How Large is DEMESNES COTTAGE?

DEMESNES COTTAGE is 61m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses houses in Barnard Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnard Castle, and where DEMESNES COTTAGE lies on this distribution: 5% of detached houses houses are smaller than DEMESNES COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

DEMESNES COTTAGE: Plot and Title Map

DEMESNES COTTAGE sits on a plot of roughly 0.012 of an acre, or 48m². The below map shows the location of DEMESNES 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 DEMESNES 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 DEMESNES COTTAGE?

DEMESNES COTTAGE is located on DEMESNES in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of DEMESNES COTTAGE on DEMESNES.