VALLEY VIEW, HOLMSIDE LANE, BURNHOPE, DURHAM, DH7 0DP - £240,000

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

VALLEY VIEW is a very large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £240,000 in August 2018, which was around 41% above the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

VALLEY VIEW Sold Prices

Land registry data shows three sales for VALLEY VIEW 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 VALLEY VIEW 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
2018 24 AUG	£240,000	£169,680	41% above HPI
2009 18 SEP	£248,999	£170,558	46% above HPI
2007 26 OCT	£270,000	£193,785	39% above HPI

VALLEY VIEW 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 VALLEY VIEW sales between October 2007 and August 2018 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 September 2009 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2018 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is VALLEY VIEW?

VALLEY VIEW is 176m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Burnhope, based on EPC data. The below chart shows the distribution of detached houses by size in Burnhope, and where VALLEY VIEW lies on this distribution: 87% of detached houses are smaller than VALLEY VIEW, and 13% of houses are larger. Note that EPC data is not available for all properties in Burnhope.

VALLEY VIEW: Plot and Title Map

VALLEY VIEW sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of VALLEY VIEW, 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 VALLEY VIEW). 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 VALLEY VIEW?

VALLEY VIEW is located on HOLMSIDE LANE in BURNHOPE, in the DH7 postcode district. The below map shows the position of VALLEY VIEW on HOLMSIDE LANE.