22, THE GREEN, WEST CORNFORTH, FERRYHILL, DL17 9JQ - £155,000

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.

22 THE GREEN is a small extended detached house of 103m², built sometime before 1900, which could now be worth an estimated £221,659. It was last sold for £155,000 in March 2016, which was around 6% below the average March 2016 detached price in the County Durham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

22 THE GREEN Sold Prices

Land registry data shows three sales for 22 THE GREEN 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 22 THE GREEN 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
2016 18 MAR	£155,000	£165,143	6% below HPI
2011 12 AUG	£150,000	£169,584	12% below HPI
2005 2 MAR	£162,000	£165,567	2% below HPI

22 THE GREEN 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 22 THE GREEN sales between March 2005 and March 2016 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 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 22 THE GREEN be worth now?

22 THE GREEN might now be worth an estimated £221,659.

This is based on house price inflation of 43%, between March 2016 and February 2025, 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 43% inflationary increase is applied to the most recent sale price for 22 THE GREEN of £155,000 on 18th March 2016. For the value to have increased from £155,000 to £221,659 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 22 THE GREEN has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2016 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE GREEN has not materially changed since March 2016.

How Large is 22 THE GREEN?

22 THE GREEN is 103m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses houses in Cornforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cornforth, and where 22 THE GREEN lies on this distribution: 35% of detached houses houses are smaller than 22 THE GREEN, and 65% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

22 THE GREEN: Plot and Title Map

22 THE GREEN sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 22 THE GREEN, 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 22 THE GREEN). 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 22 THE GREEN?

22 THE GREEN is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 22 on THE GREEN.