WESTFIELDS, ETHERLEY BANK, HIGH ETHERLEY, BISHOP AUCKLAND, DL14 0LG - £490,000

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

WESTFIELDS is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £490,000 in September 2022, which was around 129% above the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

WESTFIELDS Sold Prices

Land registry data shows two sales for WESTFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two WESTFIELDS 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
2022 30 SEP	£490,000	£213,667	129% above HPI
1997 18 MAR	£164,000	£66,847	145% above HPI

WESTFIELDS 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 two WESTFIELDS sales from March 1997 and September 2022 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 1997 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the September 2022 sale, where it falls to 129% above the HPI. The line then continues to track at 129% above the HPI.

How Large is WESTFIELDS?

WESTFIELDS is 88m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in High Etherley, based on EPC data. The below chart shows the distribution of detached houses by size in High Etherley, and where WESTFIELDS lies on this distribution: 36% of detached houses are smaller than WESTFIELDS, and 61% of houses are larger. Note that EPC data is not available for all properties in High Etherley.

WESTFIELDS: Plot and Title Map

WESTFIELDS sits on a plot of roughly 2.7 acres, or 10,995m². The below map shows the location of WESTFIELDS, 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 WESTFIELDS). 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 WESTFIELDS?

WESTFIELDS is located on ETHERLEY BANK in HIGH ETHERLEY, in the DL14 postcode district. The below map shows the position of WESTFIELDS on ETHERLEY BANK.