THE BUNGALOW, MARWOOD VIEW, COTHERSTONE, BARNARD CASTLE, DL12 9PP - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE BUNGALOW is a very small detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £282,814. It was last sold for £230,000 in April 2021, which was around 21% above the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, 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. All of the three THE BUNGALOW 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
2021 30 APR	£230,000	£190,774	21% above HPI
2002 28 JAN	£95,000	£88,055	8% above HPI
1998 16 DEC	£82,500	£74,879	10% 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 December 1998 and April 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 January 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £282,814.

This is based on house price inflation of 23%, between April 2021 and December 2024, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £230,000 on 30th April 2021. For the value to have increased from £230,000 to £282,814 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since April 2021.

How Large is THE BUNGALOW?

THE BUNGALOW is 107m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses houses in Cotherstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cotherstone, and where THE BUNGALOW lies on this distribution: 16% of detached houses houses are smaller than THE BUNGALOW, and 84% of houses are larger. Note that EPC data is not available for all properties in Cotherstone.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 3.9 acres, or 15,583m². 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 MARWOOD VIEW in COTHERSTONE, in the DL12 postcode district. The below map shows the position of THE BUNGALOW on MARWOOD VIEW.