MAY HOUSE, DURHAM ROAD, BEARPARK, DURHAM, DH7 7AP - £144,950

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

MAY HOUSE is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £144,950 in May 2023, which was around 28% below the average May 2023 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 A.

MAY HOUSE Sold Prices

Land registry data shows four sales for MAY HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four MAY HOUSE 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
2023 26 MAY	£144,950	£202,681	28% below HPI
2023 28 APR	£135,000	£202,725	33% below HPI
2017 1 DEC	£92,000	£168,981	46% below HPI
2012 6 JAN	£80,000	£162,062	51% below HPI

MAY 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 four MAY HOUSE sales between January 2012 and May 2023 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 April 2023 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is MAY HOUSE?

MAY HOUSE is 62m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Bearpark, based on EPC data. The below chart shows the distribution of detached houses by size in Bearpark, and where MAY HOUSE lies on this distribution: Less than 1% of detached houses are smaller than MAY HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bearpark.

MAY HOUSE: Plot and Title Map

MAY HOUSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of MAY 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 MAY 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 MAY HOUSE?

MAY HOUSE is located on DURHAM ROAD in BEARPARK, in the DH7 postcode district. The below map shows the position of MAY HOUSE on DURHAM ROAD.