SOJO COTTAGE, PINFOLD LANE, BUTTERKNOWLE, BISHOP AUCKLAND, DL13 5PS - £260,000

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

SOJO COTTAGE is a very large detached house of 216m². It was last sold for £260,000 in February 2021, which was around 41% above the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

SOJO COTTAGE Sold Prices

Land registry data shows two sales for SOJO COTTAGE 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. One of the two SOJO 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 22 FEB	£260,000	£184,914	41% above HPI
2019 13 MAR	£80,000	£161,190	50% below HPI

SOJO COTTAGE 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 SOJO COTTAGE sales from March 2019 and February 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 March 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is SOJO COTTAGE?

SOJO COTTAGE is 216m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Butterknowle, based on EPC data. The below chart shows the distribution of detached houses by size in Butterknowle, and where SOJO COTTAGE lies on this distribution: 88% of detached houses are smaller than SOJO COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Butterknowle.

SOJO COTTAGE: Plot and Title Map

SOJO COTTAGE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of SOJO 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 SOJO 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.

Where is SOJO COTTAGE?

SOJO COTTAGE is located on PINFOLD LANE in BUTTERKNOWLE, in the DL13 postcode district. The below map shows the position of SOJO COTTAGE on PINFOLD LANE.