1, PRESCOTT WAY, BISHOP AUCKLAND, DL14 6FL - £180,050

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 PRESCOTT WAY is a small extended detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £248,700. It was last sold for £180,050 in January 2018, which was around 5% above the average January 2018 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

1 PRESCOTT WAY Sold Prices

Land registry data shows three sales for 1 PRESCOTT WAY 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 1 PRESCOTT WAY 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 5 JAN	£180,050	£171,419	5% above HPI
2011 26 OCT	£215,950	£169,017	28% above HPI
2006 13 OCT	£208,950	£188,045	11% above HPI

1 PRESCOTT WAY 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 1 PRESCOTT WAY sales between October 2006 and January 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 October 2011 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 PRESCOTT WAY be worth now?

1 PRESCOTT WAY might now be worth an estimated £248,700.

This is based on house price inflation of 38.1%, between January 2018 and March 2025, 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 38.1% inflationary increase is applied to the most recent sale price for 1 PRESCOTT WAY of £180,050 on 5th January 2018. For the value to have increased from £180,050 to £248,700 over the six years and ten months to March 2025, the following assumptions must hold true:

• The value of 1 PRESCOTT WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2018 sale price of £180,050 represented a fair market value for the property.
• The size, condition, and specification of 1 PRESCOTT WAY has not materially changed since January 2018.

How Large is 1 PRESCOTT WAY?

1 PRESCOTT WAY is 93m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Auckland, and where 1 PRESCOTT WAY lies on this distribution: 28% of detached houses houses are smaller than 1 PRESCOTT WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

1 PRESCOTT WAY: Plot and Title Map

1 PRESCOTT WAY sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 1 PRESCOTT WAY, 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 PRESCOTT WAY). 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 PRESCOTT WAY?

1 PRESCOTT WAY is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 1 on PRESCOTT WAY.