2, BROAD OAK, BISHOP MIDDLEHAM, FERRYHILL, DL17 9BW - £260,000

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.

2 BROAD OAK is a small detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £366,375. It was last sold for £260,000 in June 2020, which was around 53% above the average June 2020 detached price in the County Durham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

2 BROAD OAK Sold Prices

Land registry data shows three sales for 2 BROAD OAK 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 2 BROAD OAK 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
2020 26 JUN	£260,000	£169,677	53% above HPI
2016 16 DEC	£220,000	£167,724	31% above HPI
2015 1 SEP	£215,000	£166,697	29% above HPI

2 BROAD OAK 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 2 BROAD OAK sales between September 2015 and June 2020 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 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 2 BROAD OAK be worth now?

2 BROAD OAK might now be worth an estimated £366,375.

This is based on house price inflation of 40.9%, between June 2020 and July 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 40.9% inflationary increase is applied to the most recent sale price for 2 BROAD OAK of £260,000 on 26th June 2020. For the value to have increased from £260,000 to £366,375 over the five years and eleven months to July 2026, the following assumptions must hold true:

• The value of 2 BROAD OAK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROAD OAK has not materially changed since June 2020.

How Large is 2 BROAD OAK?

2 BROAD OAK is 108m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in Bishop Middleham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Middleham, and where 2 BROAD OAK lies on this distribution: 33% of detached houses houses are smaller than 2 BROAD OAK, and 66% of houses are larger. Note that EPC data is not available for all properties in Bishop Middleham.

2 BROAD OAK: Plot and Title Map

2 BROAD OAK sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of 2 BROAD OAK, 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 2 BROAD OAK). 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 2 BROAD OAK?

2 BROAD OAK is located in BISHOP MIDDLEHAM, in the DL17 postcode district. The below map shows the position of No. 2 on BROAD OAK.