1, GARTH MEADOWS, HIGH ETHERLEY, BISHOP AUCKLAND, DL14 0JJ - £127,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GARTH MEADOWS is a very small detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £176,394. It was last sold for £127,000 in April 2018, which was around 25% below the average April 2018 detached price in the County Durham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

1 GARTH MEADOWS Sold Prices

Land registry data shows two sales for 1 GARTH MEADOWS 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 1 GARTH MEADOWS sales were for below 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 APR	£127,000	£168,729	25% below HPI
2008 28 MAR	£158,000	£192,234	18% below HPI

1 GARTH MEADOWS 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 1 GARTH MEADOWS sales from March 2008 and April 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 March 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 GARTH MEADOWS be worth now?

1 GARTH MEADOWS might now be worth an estimated £176,394.

This is based on house price inflation of 38.9%, between April 2018 and May 2026, 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 38.9% inflationary increase is applied to the most recent sale price for 1 GARTH MEADOWS of £127,000 on 24th April 2018. For the value to have increased from £127,000 to £176,394 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 GARTH MEADOWS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2018 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GARTH MEADOWS has not materially changed since April 2018.

How Large is 1 GARTH MEADOWS?

1 GARTH MEADOWS is 63m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in High Etherley, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Etherley, and where 1 GARTH MEADOWS lies on this distribution: 14% of detached houses houses are smaller than 1 GARTH MEADOWS, and 86% of houses are larger. Note that EPC data is not available for all properties in High Etherley.

1 GARTH MEADOWS: Plot and Title Map

1 GARTH MEADOWS sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 GARTH MEADOWS, 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 1 GARTH MEADOWS). 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 1 GARTH MEADOWS?

1 GARTH MEADOWS is located in HIGH ETHERLEY, in the DL14 postcode district. The below map shows the position of No. 1 on GARTH MEADOWS.