2, GARTH MEADOWS, HIGH ETHERLEY, BISHOP AUCKLAND, DL14 0JJ - £107,500

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 GARTH MEADOWS is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £156,083. It was last sold for £107,500 in March 2018, which was around 13% above the average March 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

2 GARTH MEADOWS Sold Prices

Land registry data shows two sales for 2 GARTH MEADOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 2 GARTH MEADOWS 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 2 MAR	£107,500	£95,036	13% above HPI
2001 20 JUL	£49,000	£44,926	9% above HPI

2 GARTH MEADOWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 2 GARTH MEADOWS sales from July 2001 and March 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 July 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 GARTH MEADOWS be worth now?

2 GARTH MEADOWS might now be worth an estimated £156,083.

This is based on house price inflation of 45.2%, between March 2018 and May 2026, for semi-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 45.2% inflationary increase is applied to the most recent sale price for 2 GARTH MEADOWS of £107,500 on 2nd March 2018. For the value to have increased from £107,500 to £156,083 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 GARTH MEADOWS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The March 2018 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GARTH MEADOWS has not materially changed since March 2018.

How Large is 2 GARTH MEADOWS?

2 GARTH MEADOWS is 58m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in High Etherley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in High Etherley, and where 2 GARTH MEADOWS lies on this distribution: 3% of semi-detached houses houses are smaller than 2 GARTH MEADOWS, and 97% of houses are larger. Note that EPC data is not available for all properties in High Etherley.

2 GARTH MEADOWS: Plot and Title Map

2 GARTH MEADOWS sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 2 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 2 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 2 GARTH MEADOWS?

2 GARTH MEADOWS is located in HIGH ETHERLEY, in the DL14 postcode district. The below map shows the position of No. 2 on GARTH MEADOWS.