THE COTTAGE, OLD GARDENS, BRANDON VILLAGE, DURHAM, DH7 8RX - £260,000

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 COTTAGE is a small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £260,000 in December 2021, which was around 31% above the average December 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE 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 THE COTTAGE 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 17 DEC	£260,000	£197,762	31% above HPI
2011 11 JUL	£210,000	£166,561	26% above HPI
2000 17 MAY	£97,500	£78,420	24% above HPI
1996 12 JUL	£70,000	£68,709	2% above HPI

THE 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 four THE COTTAGE sales between July 1996 and December 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 July 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 83m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Brandon, based on EPC data. The below chart shows the distribution of detached houses by size in Brandon, and where THE COTTAGE lies on this distribution: 29% of detached houses are smaller than THE COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Brandon.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on OLD GARDENS in BRANDON VILLAGE, in the DH7 postcode district. The below map shows the position of THE COTTAGE on OLD GARDENS.