MAYCROFT, COTHERSTONE, BARNARD CASTLE, DL12 9QE - £285,000

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

MAYCROFT is a very small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £420,870. It was last sold for £285,000 in May 2014, which was around 79% above the average May 2014 detached price in the County Durham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

MAYCROFT Sold Prices

Land registry data shows two sales for MAYCROFT 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 MAYCROFT 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
2014 23 MAY	£285,000	£158,851	79% above HPI
2001 24 MAY	£130,000	£81,575	59% above HPI

MAYCROFT 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 MAYCROFT sales from May 2001 and May 2014 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 May 2001 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2014 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might MAYCROFT be worth now?

MAYCROFT might now be worth an estimated £420,870.

This is based on house price inflation of 47.7%, between May 2014 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 47.7% inflationary increase is applied to the most recent sale price for MAYCROFT of £285,000 on 23rd May 2014. For the value to have increased from £285,000 to £420,870 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of MAYCROFT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of MAYCROFT has not materially changed since May 2014.

How Large is MAYCROFT?

MAYCROFT is 105m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses houses in Cotherstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cotherstone, and where MAYCROFT lies on this distribution: 13% of detached houses houses are smaller than MAYCROFT, and 87% of houses are larger. Note that EPC data is not available for all properties in Cotherstone.

MAYCROFT: Plot and Title Map

MAYCROFT sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of MAYCROFT, 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 MAYCROFT). 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 MAYCROFT?

MAYCROFT is located in COTHERSTONE, in the DL12 postcode district. The below map shows the position of MAYCROFT in COTHERSTONE.