SHERWOOD, SOUTH VIEW, MEADOWFIELD, DURHAM, DH7 8SF - £255,000

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

SHERWOOD is a very large extended detached house of 154m², built sometime between 1930 and 1949. It was last sold for £255,000 in January 2023, which was around 18% above the average January 2023 detached price in the County Durham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

SHERWOOD Sold Prices

Land registry data shows three sales for SHERWOOD 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. Two of the three SHERWOOD sales were for above the average price, whilst one 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
2023 20 JAN	£255,000	£215,282	18% above HPI
2006 11 AUG	£150,000	£182,650	18% below HPI
2001 30 NOV	£95,000	£86,862	9% above HPI

SHERWOOD 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 SHERWOOD sales between November 2001 and January 2023 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 August 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SHERWOOD?

SHERWOOD is 154m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Meadowfield, based on EPC data. The below chart shows the distribution of detached houses by size in Meadowfield, and where SHERWOOD lies on this distribution: 97% of detached houses are smaller than SHERWOOD, and 3% of houses are larger. Note that EPC data is not available for all properties in Meadowfield.

SHERWOOD: Plot and Title Map

SHERWOOD sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of SHERWOOD, 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 SHERWOOD). 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 SHERWOOD?

SHERWOOD is located on SOUTH VIEW in MEADOWFIELD, in the DH7 postcode district. The below map shows the position of SHERWOOD on SOUTH VIEW.