PARK VIEW, PARK STREET, BISHOP AUCKLAND, DL14 7JS - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PARK VIEW is a very large detached house of 310m², built sometime before 1900. It was last sold for £470,000 in November 2018, which was around 173% above the average November 2018 detached price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

PARK VIEW Sold Prices

Land registry data shows four sales for PARK VIEW 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 PARK VIEW 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
2018 14 NOV	£470,000	£172,349	173% above HPI
2015 1 MAY	£470,000	£158,611	196% above HPI
2003 1 AUG	£230,000	£118,522	94% above HPI
2003 15 MAY	£171,250	£110,608	55% above HPI

PARK VIEW 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 PARK VIEW sales between May 2003 and November 2018 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 2015 sale was for 196% above the HPI. So the extrapolation line tracks at 196% above the HPI over time, until the November 2018 sale, where it falls to 173% above the HPI. The line then continues to track at 173% above the HPI.

How Large is PARK VIEW?

PARK VIEW is 310m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Auckland, and where PARK VIEW lies on this distribution: 99% of detached houses are smaller than PARK VIEW, and 1% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.238 of an acre, or 965m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on PARK STREET in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of PARK VIEW on PARK STREET.