2, PRIORY YARD, BARNARD CASTLE, DL12 8PP - £108,000

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 PRIORY YARD is a very small terraced house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £149,782. It was last sold for £108,000 in June 2009, which was around 32% above the average June 2009 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was A.

2 PRIORY YARD Sold Prices

Land registry data shows four sales for 2 PRIORY YARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the four 2 PRIORY YARD 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
2009 5 JUN	£108,000	£81,868	32% above HPI
2005 5 AUG	£125,000	£83,693	49% above HPI
2000 18 SEP	£49,950	£34,640	44% above HPI
1997 4 JUL	£48,000	£32,028	50% above HPI

2 PRIORY YARD 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 four 2 PRIORY YARD sales between July 1997 and June 2009 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 2005 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2009 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 PRIORY YARD be worth now?

2 PRIORY YARD might now be worth an estimated £149,782.

This is based on house price inflation of 38.7%, between June 2009 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 38.7% inflationary increase is applied to the most recent sale price for 2 PRIORY YARD of £108,000 on 5th June 2009. For the value to have increased from £108,000 to £149,782 over the seventeen years and one month to May 2026, the following assumptions must hold true:

• The value of 2 PRIORY YARD has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2009 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIORY YARD has not materially changed since June 2009.

How Large is 2 PRIORY YARD?

2 PRIORY YARD is 56m² according to the EPC inspection conducted in October 2018. 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 2 PRIORY YARD lies on this distribution: 2% of terraced houses houses are smaller than 2 PRIORY YARD, and 98% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

2 PRIORY YARD: Plot and Title Map

2 PRIORY YARD sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 2 PRIORY YARD, 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 PRIORY YARD). 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 PRIORY YARD?

2 PRIORY YARD is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 2 on PRIORY YARD.