IVY HOUSE, STATION ROAD, WEST RAINTON, HOUGHTON LE SPRING, DH4 6SE - £200,000

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

IVY HOUSE is a large detached house of 147m², built sometime between 1991 and 1995. It was last sold for £200,000 in August 2022, which was around 5% below the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

IVY HOUSE Sold Prices

Land registry data shows three sales for IVY HOUSE 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. Two of the three IVY HOUSE sales were for below the average price, whilst one was 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
2022 24 AUG	£200,000	£210,766	5% below HPI
2006 23 JUN	£220,000	£179,517	23% above HPI
2003 9 JUN	£98,387	£112,663	13% below HPI

IVY HOUSE 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 IVY HOUSE sales between June 2003 and August 2022 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 June 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is IVY HOUSE?

IVY HOUSE is 147m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in West Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in West Rainton, and where IVY HOUSE lies on this distribution: 61% of detached houses are smaller than IVY HOUSE, and 39% of houses are larger. Note that EPC data is not available for all properties in West Rainton.

IVY HOUSE: Plot and Title Map

IVY HOUSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of IVY HOUSE, 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 IVY HOUSE). 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 IVY HOUSE?

IVY HOUSE is located on STATION ROAD in WEST RAINTON, in the DH4 postcode district. The below map shows the position of IVY HOUSE on STATION ROAD.