2, PARKER TERRACE, FERRYHILL, DL17 8JY - £70,000

2 PARKER TERRACE is a small detached house of 87m², built sometime between 1900 and 1929. It was last sold for £70,000 in December 2020, which was around 61% below the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 PARKER TERRACE Sold Prices

Land registry data shows two sales for 2 PARKER TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 2 PARKER TERRACE sales were 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
2020 28 DEC	£70,000	£181,572	61% below HPI
2020 28 AUG	£70,000	£169,538	59% below HPI

2 PARKER TERRACE 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 two 2 PARKER TERRACE sales from August 2020 and December 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 August 2020 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2020 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 2 PARKER TERRACE?

2 PARKER TERRACE is 87m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Ferryhill, based on EPC data. The below chart shows the distribution of detached houses by size in Ferryhill, and where 2 PARKER TERRACE lies on this distribution: 31% of detached houses are smaller than 2 PARKER TERRACE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

2 PARKER TERRACE: Plot and Title Map

2 PARKER TERRACE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 PARKER 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 2 PARKER 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 2 PARKER TERRACE?

2 PARKER TERRACE is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 2 on PARKER TERRACE.