112B, GALGATE, BARNARD CASTLE, DL12 8BJ - £105,000

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.

112B GALGATE is a very small extended terraced house of 36m², built sometime before 1900, which could now be worth an estimated £124,837. It was last sold for £105,000 in December 2021, which was around 10% above the average December 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

112B GALGATE Sold Prices

Land registry data shows two sales for 112B GALGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. One of the two 112B GALGATE sales was for above the average price, whilst the other was 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
2021 1 DEC	£105,000	£95,498	10% above HPI
2018 19 DEC	£55,000	£81,141	32% below HPI

112B GALGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 112B GALGATE sales from December 2018 and December 2021 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 December 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 112B GALGATE be worth now?

112B GALGATE might now be worth an estimated £124,837.

This is based on house price inflation of 18.9%, between December 2021 and May 2026, for terraced 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 18.9% inflationary increase is applied to the most recent sale price for 112B GALGATE of £105,000 on 1st December 2021. For the value to have increased from £105,000 to £124,837 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 112B GALGATE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2021 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 112B GALGATE has not materially changed since December 2021.

How Large is 112B GALGATE?

112B GALGATE is 36m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of terraced houses houses in Barnard Castle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barnard Castle, and where 112B GALGATE lies on this distribution: Less than 1% of terraced houses houses are smaller than 112B GALGATE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

112B GALGATE: Plot and Title Map

112B GALGATE sits on a plot of roughly 0.010 of an acre, or 39m². The below map shows the location of 112B GALGATE, 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 112B GALGATE). 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 112B GALGATE?

112B GALGATE is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 112B on GALGATE.