12, CORONATION TERRACE, WEST CORNFORTH, FERRYHILL, DL17 9LR - £62,000

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.

12 CORONATION TERRACE is a small extended terraced house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £77,362. It was last sold for £62,000 in February 2007, which was around 32% below the average February 2007 terraced price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

12 CORONATION TERRACE Sold Prices

Land registry data shows three sales for 12 CORONATION TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Two of the three 12 CORONATION TERRACE sales were for below the average price, whilst one was 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
2007 22 FEB	£62,000	£91,818	32% below HPI
2001 4 MAY	£34,500	£33,728	2% above HPI
1997 3 NOV	£16,000	£30,903	48% below HPI

12 CORONATION TERRACE 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 three 12 CORONATION TERRACE sales between November 1997 and February 2007 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 May 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2007 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 CORONATION TERRACE be worth now?

12 CORONATION TERRACE might now be worth an estimated £77,362.

This is based on house price inflation of 24.8%, between February 2007 and April 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 24.8% inflationary increase is applied to the most recent sale price for 12 CORONATION TERRACE of £62,000 on 22nd February 2007. For the value to have increased from £62,000 to £77,362 over the eighteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 12 CORONATION TERRACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2007 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CORONATION TERRACE has not materially changed since February 2007.

How Large is 12 CORONATION TERRACE?

12 CORONATION TERRACE is 92m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of terraced houses houses in Cornforth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cornforth, and where 12 CORONATION TERRACE lies on this distribution: 23% of terraced houses houses are smaller than 12 CORONATION TERRACE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

12 CORONATION TERRACE: Plot and Title Map

12 CORONATION TERRACE sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 12 CORONATION TERRACE, 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 12 CORONATION TERRACE). 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 12 CORONATION TERRACE?

12 CORONATION TERRACE is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 12 on CORONATION TERRACE.