MEMORIAL COTTAGE, MAINSFORTH ROAD, FERRYHILL, DL17 9DF - £208,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MEMORIAL COTTAGE is a large extended detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £279,565. It was last sold for £208,000 in August 2005, which was around 18% above the average August 2005 detached price in the County Durham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

MEMORIAL COTTAGE Sold Prices

Land registry data shows two sales for MEMORIAL COTTAGE 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. One of the two MEMORIAL COTTAGE sales was for above the average price, whilst the other was 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
2005 26 AUG	£208,000	£175,709	18% above HPI
1999 25 NOV	£78,000	£79,213	2% below HPI

MEMORIAL COTTAGE 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 MEMORIAL COTTAGE sales from November 1999 and August 2005 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 November 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2005 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might MEMORIAL COTTAGE be worth now?

MEMORIAL COTTAGE might now be worth an estimated £279,565.

This is based on house price inflation of 34.4%, between August 2005 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 34.4% inflationary increase is applied to the most recent sale price for MEMORIAL COTTAGE of £208,000 on 26th August 2005. For the value to have increased from £208,000 to £279,565 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of MEMORIAL COTTAGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2005 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of MEMORIAL COTTAGE has not materially changed since August 2005.

How Large is MEMORIAL COTTAGE?

MEMORIAL COTTAGE is 123m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses houses in Ferryhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferryhill, and where MEMORIAL COTTAGE lies on this distribution: 70% of detached houses houses are smaller than MEMORIAL COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

MEMORIAL COTTAGE: Plot and Title Map

MEMORIAL COTTAGE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of MEMORIAL COTTAGE, 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 MEMORIAL COTTAGE). 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 MEMORIAL COTTAGE?

MEMORIAL COTTAGE is located on MAINSFORTH ROAD in FERRYHILL, in the DL17 postcode district. The below map shows the position of MEMORIAL COTTAGE on MAINSFORTH ROAD.