GREDEN, THE CRESCENT, COUNDON, BISHOP AUCKLAND, DL14 8LP - £125,000

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

GREDEN is a large detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £169,409. It was last sold for £125,000 in October 2017, which was around 28% below the average October 2017 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 D.

GREDEN Sold Prices

Land registry data shows two sales for GREDEN 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 GREDEN sales 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
2017 31 OCT	£125,000	£174,256	28% below HPI
2004 30 JUL	£145,000	£152,264	5% below HPI

GREDEN 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 GREDEN sales from July 2004 and October 2017 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might GREDEN be worth now?

GREDEN might now be worth an estimated £169,409.

This is based on house price inflation of 35.5%, between October 2017 and February 2025, 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 35.5% inflationary increase is applied to the most recent sale price for GREDEN of £125,000 on 31st October 2017. For the value to have increased from £125,000 to £169,409 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of GREDEN has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2017 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of GREDEN has not materially changed since October 2017.

How Large is GREDEN?

GREDEN is 120m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses houses in Coundon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coundon, and where GREDEN lies on this distribution: 77% of detached houses houses are smaller than GREDEN, and 23% of houses are larger. Note that EPC data is not available for all properties in Coundon.

GREDEN: Plot and Title Map

GREDEN sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of GREDEN, 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 GREDEN). 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 GREDEN?

GREDEN is located on THE CRESCENT in COUNDON, in the DL14 postcode district. The below map shows the position of GREDEN on THE CRESCENT.