MERRYTHOUGHT, WOODLAND ROAD, BEARPARK, DURHAM, DH7 7DQ - £375,000

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

MERRYTHOUGHT is a very large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £375,000 in April 2021, which was around 102% above the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

MERRYTHOUGHT Sold Prices

Land registry data shows four sales for MERRYTHOUGHT 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 MERRYTHOUGHT 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
2021 15 APR	£375,000	£185,588	102% above HPI
2019 1 JUL	£355,000	£168,728	110% above HPI
2005 12 SEP	£315,000	£173,801	81% above HPI
2001 31 AUG	£140,000	£84,551	66% above HPI

MERRYTHOUGHT 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 MERRYTHOUGHT sales between August 2001 and April 2021 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 2019 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the April 2021 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is MERRYTHOUGHT?

MERRYTHOUGHT is 124m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Bearpark, based on EPC data. The below chart shows the distribution of detached houses by size in Bearpark, and where MERRYTHOUGHT lies on this distribution: 82% of detached houses are smaller than MERRYTHOUGHT, and 18% of houses are larger. Note that EPC data is not available for all properties in Bearpark.

MERRYTHOUGHT: Plot and Title Map

MERRYTHOUGHT sits on a plot of roughly 0.381 of an acre, or 1,540m². The below map shows the location of MERRYTHOUGHT, 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 MERRYTHOUGHT). 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 MERRYTHOUGHT?

MERRYTHOUGHT is located on WOODLAND ROAD in BEARPARK, in the DH7 postcode district. The below map shows the position of MERRYTHOUGHT on WOODLAND ROAD.