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
ROWLEY BANK COTTAGE is a large extended detached house of 147m², built sometime before 1900. It was last sold for £475,000 in September 2021, which was around 139% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for ROWLEY BANK COTTAGE since 1st 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 ROWLEY BANK 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 |
---|---|---|---|
2021 28 SEP | £475,000 | £198,499 | 139% above HPI |
2008 20 JUN | £100,000 | £190,877 | 48% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two ROWLEY BANK COTTAGE sales from June 2008 and September 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 June 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2021 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.
ROWLEY BANK COTTAGE is 147m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Castleside, based on EPC data. The below chart shows the distribution of detached houses by size in Castleside, and where ROWLEY BANK COTTAGE lies on this distribution: 77% of detached houses are smaller than ROWLEY BANK COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Castleside.
ROWLEY BANK COTTAGE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of ROWLEY BANK 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 ROWLEY BANK 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.
ROWLEY BANK COTTAGE is located on ROWLEY BANK in CONSETT, in the DH8 postcode district. The below map shows the position of ROWLEY BANK COTTAGE on ROWLEY BANK.