RED IVY BUNGALOW, HOLMSIDE LANE, BURNHOPE, DURHAM, DH7 0DP - £300,000

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.

RED IVY BUNGALOW is a very large extended detached house of 250m², built sometime between 1991 and 1995, which could now be worth an estimated £415,121. It was last sold for £300,000 in June 2017, which was around 76% above the average June 2017 detached price in the County Durham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

RED IVY BUNGALOW Sold Prices

Land registry data shows two sales for RED IVY BUNGALOW 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 RED IVY BUNGALOW 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
2017 1 JUN	£300,000	£170,671	76% above HPI
2002 27 SEP	£140,000	£99,118	41% above HPI

RED IVY BUNGALOW 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 RED IVY BUNGALOW sales from September 2002 and June 2017 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 September 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2017 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might RED IVY BUNGALOW be worth now?

RED IVY BUNGALOW might now be worth an estimated £415,121.

This is based on house price inflation of 38.4%, between June 2017 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 38.4% inflationary increase is applied to the most recent sale price for RED IVY BUNGALOW of £300,000 on 1st June 2017. For the value to have increased from £300,000 to £415,121 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of RED IVY BUNGALOW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of RED IVY BUNGALOW has not materially changed since June 2017.

How Large is RED IVY BUNGALOW?

RED IVY BUNGALOW is 250m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in Burnhope, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burnhope, and where RED IVY BUNGALOW lies on this distribution: 97% of detached houses houses are smaller than RED IVY BUNGALOW, and 3% of houses are larger. Note that EPC data is not available for all properties in Burnhope.

RED IVY BUNGALOW: Plot and Title Map

RED IVY BUNGALOW sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of RED IVY BUNGALOW, 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 RED IVY BUNGALOW). 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 RED IVY BUNGALOW?

RED IVY BUNGALOW is located on HOLMSIDE LANE in BURNHOPE, in the DH7 postcode district. The below map shows the position of RED IVY BUNGALOW on HOLMSIDE LANE.