THE BUNGALOW, BENRIDGE BANK, WEST RAINTON, HOUGHTON LE SPRING, DH4 6NN - £200,000

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 BUNGALOW is a midsized extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £200,000 in July 2020, which was around 19% above the average July 2020 detached price in the County Durham local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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 THE BUNGALOW 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
2020 23 JUL	£200,000	£168,756	19% above HPI
2019 21 MAR	£110,000	£161,190	32% below HPI
1999 9 FEB	£72,000	£71,484	1% above HPI

THE BUNGALOW 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 THE BUNGALOW sales between February 1999 and July 2020 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 133m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 50% of detached houses in West Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in West Rainton, and where THE BUNGALOW lies on this distribution: 42% of detached houses are smaller than THE BUNGALOW, and 57% of houses are larger. Note that EPC data is not available for all properties in West Rainton.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of THE BUNGALOW, 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 BUNGALOW). 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 BUNGALOW?

THE BUNGALOW is located on BENRIDGE BANK in WEST RAINTON, in the DH4 postcode district. The below map shows the position of THE BUNGALOW on BENRIDGE BANK.