MOORFIELD, DURHAM ROAD, WINGATE, TS28 5HS - £265,000

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

MOORFIELD is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £265,000 in February 2020, which was around 59% above the average February 2020 detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

MOORFIELD Sold Prices

Land registry data shows three sales for MOORFIELD 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. All of the three MOORFIELD 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
2020 28 FEB	£265,000	£166,229	59% above HPI
2016 4 NOV	£190,000	£163,106	16% above HPI
2000 25 SEP	£120,000	£82,391	46% above HPI

MOORFIELD 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 MOORFIELD sales between September 2000 and February 2020 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 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is MOORFIELD?

MOORFIELD is 193m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Wingate, based on EPC data. The below chart shows the distribution of detached houses by size in Wingate, and where MOORFIELD lies on this distribution: 98% of detached houses are smaller than MOORFIELD, and 2% of houses are larger. Note that EPC data is not available for all properties in Wingate.

MOORFIELD: Plot and Title Map

MOORFIELD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of MOORFIELD, 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 MOORFIELD). 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 MOORFIELD?

MOORFIELD is located on DURHAM ROAD in WINGATE, in the TS28 postcode district. The below map shows the position of MOORFIELD on DURHAM ROAD.