FAIRVIEW, STONE ROW, BUTTERKNOWLE, BISHOP AUCKLAND, DL13 5PF - £378,000

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

FAIRVIEW is a midsized detached house of 112m², built sometime between 1991 and 1995. It was last sold for £378,000 in December 2019, which was around 125% above the average December 2019 detached price in the County Durham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW 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 FAIRVIEW 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
2019 10 DEC	£378,000	£168,085	125% above HPI
2008 5 FEB	£305,000	£189,302	61% above HPI

FAIRVIEW 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 FAIRVIEW sales from February 2008 and December 2019 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 February 2008 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the December 2019 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 112m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Butterknowle, based on EPC data. The below chart shows the distribution of detached houses by size in Butterknowle, and where FAIRVIEW lies on this distribution: 42% of detached houses are smaller than FAIRVIEW, and 54% of houses are larger. Note that EPC data is not available for all properties in Butterknowle.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 3.1 acres, or 12,353m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on STONE ROW in BUTTERKNOWLE, in the DL13 postcode district. The below map shows the position of FAIRVIEW on STONE ROW.