FOUR WHEELS, DARLINGTON ROAD, BARNARD CASTLE, DL12 8HN - £562,500

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

FOUR WHEELS is a very large extended detached house of 335m², built sometime between 1996 and 2002, which could now be worth an estimated £793,776. It was last sold for £562,500 in July 2015, which was around 238% above the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.

FOUR WHEELS Sold Prices

Land registry data shows two sales for FOUR WHEELS 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 FOUR WHEELS 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
2015 31 JUL	£562,500	£166,233	238% above HPI
2002 6 SEP	£247,000	£99,118	149% above HPI

FOUR WHEELS 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 FOUR WHEELS sales from September 2002 and July 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 September 2002 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the July 2015 sale, where it rises to 238% above the HPI. The line then continues to track at 238% above the HPI.

What might FOUR WHEELS be worth now?

FOUR WHEELS might now be worth an estimated £793,776.

This is based on house price inflation of 41.1%, between July 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 41.1% inflationary increase is applied to the most recent sale price for FOUR WHEELS of £562,500 on 31st July 2015. For the value to have increased from £562,500 to £793,776 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of FOUR WHEELS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2015 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of FOUR WHEELS has not materially changed since July 2015.

How Large is FOUR WHEELS?

FOUR WHEELS is 335m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 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 FOUR WHEELS lies on this distribution: More than 99% of detached houses houses are smaller than FOUR WHEELS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

FOUR WHEELS: Plot and Title Map

FOUR WHEELS sits on a plot of roughly 0.488 of an acre, or 1,974m². The below map shows the location of FOUR WHEELS, 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 FOUR WHEELS). 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 FOUR WHEELS?

FOUR WHEELS is located on DARLINGTON ROAD in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of FOUR WHEELS on DARLINGTON ROAD.