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
TORWOOD is a very large extended detached house of 192m², built sometime between 1967 and 1975. It was last sold for £250,000 in August 2017, which was around 46% above the average August 2017 detached price in the County Durham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for TORWOOD since 1st 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 TORWOOD 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 |
---|---|---|---|
2017 25 AUG | £250,000 | £171,355 | 46% above HPI |
2016 17 JUN | £222,500 | £159,670 | 39% above HPI |
1997 10 OCT | £100,000 | £70,874 | 41% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three TORWOOD sales between October 1997 and August 2017 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 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2017 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
TORWOOD is 192m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where TORWOOD lies on this distribution: 98% of detached houses are smaller than TORWOOD, and 2% of houses are larger. Note that EPC data is not available for all properties in Bowburn.
TORWOOD sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of TORWOOD, 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 TORWOOD). 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.
TORWOOD is located on CROWTREES LANE in BOWBURN, in the DH6 postcode district. The below map shows the position of TORWOOD on CROWTREES LANE.