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

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

DEMESNES COTTAGE is a very small detached house of 61m², built sometime before 1900. It was last sold for £165,000 in October 2015, which was around 2% above 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. One of the three DEMESNES COTTAGE sales was for above the average price, whilst two 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 14 OCT	£165,000	£161,077	2% above HPI
2011 1 JUL	£95,000	£166,561	43% below HPI
2002 12 JUL	£60,000	£93,481	36% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

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 in Barnard Castle, based on EPC data. The below chart shows the distribution of detached houses by size in Barnard Castle, and where DEMESNES COTTAGE lies on this distribution: 5% of detached 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.