SOUTHCROFT, COTHERSTONE, BARNARD CASTLE, DL12 9PJ - £400,000

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

SOUTHCROFT is a large extended detached house of 203m², built sometime before 1900. It was last sold for £400,000 in June 2018, which was around 141% above the average June 2018 detached price in the County Durham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

SOUTHCROFT Sold Prices

Land registry data shows four sales for SOUTHCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four SOUTHCROFT 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
2018 15 JUN	£400,000	£165,735	141% above HPI
2008 28 MAR	£249,950	£187,008	34% above HPI
2006 20 JAN	£325,000	£177,719	83% above HPI
1999 23 JUL	£95,000	£75,137	26% above HPI

SOUTHCROFT 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 four SOUTHCROFT sales between July 1999 and June 2018 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 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2018 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is SOUTHCROFT?

SOUTHCROFT is 203m², which includes four extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Cotherstone, based on EPC data. The below chart shows the distribution of detached houses by size in Cotherstone, and where SOUTHCROFT lies on this distribution: 71% of detached houses are smaller than SOUTHCROFT, and 29% of houses are larger. Note that EPC data is not available for all properties in Cotherstone.

SOUTHCROFT: Plot and Title Map

SOUTHCROFT sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of SOUTHCROFT, 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 SOUTHCROFT). 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 SOUTHCROFT?

SOUTHCROFT is located in COTHERSTONE, in the DL12 postcode district. The below map shows the position of SOUTHCROFT in COTHERSTONE.