THE BAILEY, COTHERSTONE, BARNARD CASTLE, DL12 9QW - £650,000

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

THE BAILEY is a very large extended detached house of 220m², built sometime between 1950 and 1966. It was last sold for £650,000 in April 2024, which was around 212% above the average April 2024 detached price in the County Durham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

THE BAILEY Sold Prices

Land registry data shows two sales for THE BAILEY 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. Both of the two THE BAILEY 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
2024 17 APR	£650,000	£208,090	212% above HPI
2020 29 JUN	£385,000	£165,064	133% above HPI

THE BAILEY 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 THE BAILEY sales from June 2020 and April 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 June 2020 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the April 2024 sale, where it rises to 212% above the HPI. The line then continues to track at 212% above the HPI.

How Large is THE BAILEY?

THE BAILEY is 220m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses in Cotherstone, based on EPC data. The below chart shows the distribution of detached houses by size in Cotherstone, and where THE BAILEY lies on this distribution: 82% of detached houses are smaller than THE BAILEY, and 18% of houses are larger. Note that EPC data is not available for all properties in Cotherstone.

THE BAILEY: Plot and Title Map

THE BAILEY sits on a plot of roughly 0.698 of an acre, or 2,825m². The below map shows the location of THE BAILEY, 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 THE BAILEY). 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 THE BAILEY?

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