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
SOFTLY COTTAGE is a large extended detached house of 198m², built sometime between 1983 and 1990. It was last sold for £450,700 in July 2024, which was around 111% above the average July 2024 detached price in the County Durham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for SOFTLY COTTAGE since 1st 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. One of the three SOFTLY COTTAGE sales was for above the average price, whilst two were 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 |
---|---|---|---|
2024 18 JUL | £450,700 | £214,069 | 111% above HPI |
2007 13 OCT | £155,000 | £193,785 | 20% below HPI |
2005 6 SEP | £136,950 | £173,801 | 21% 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 three SOFTLY COTTAGE sales between September 2005 and July 2024 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 October 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2024 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.
SOFTLY COTTAGE is 198m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses by size in Stanhope, and where SOFTLY COTTAGE lies on this distribution: 77% of detached houses are smaller than SOFTLY COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Stanhope.
SOFTLY COTTAGE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of SOFTLY 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 SOFTLY 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.
SOFTLY COTTAGE is located in STANHOPE, in the DL13 postcode district. The below map shows the position of SOFTLY COTTAGE in STANHOPE.