3, CHAPEL VIEW, BARNARD CASTLE, DL12 8GE - £142,000

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.

3 CHAPEL VIEW is a very small terraced house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £200,080. It was last sold for £142,000 in March 2020, which was around 81% above the average March 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 CHAPEL VIEW Sold Prices

Land registry data shows two sales for 3 CHAPEL VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 3 CHAPEL VIEW 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 23 MAR	£142,000	£78,503	81% above HPI
2011 4 APR	£125,000	£78,353	60% above HPI

3 CHAPEL VIEW 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 two 3 CHAPEL VIEW sales from April 2011 and March 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 April 2011 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the March 2020 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 3 CHAPEL VIEW be worth now?

3 CHAPEL VIEW might now be worth an estimated £200,080.

This is based on house price inflation of 40.9%, between March 2020 and June 2025, 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 40.9% inflationary increase is applied to the most recent sale price for 3 CHAPEL VIEW of £142,000 on 23rd March 2020. For the value to have increased from £142,000 to £200,080 over the four years and nine months to June 2025, the following assumptions must hold true:

• The value of 3 CHAPEL VIEW has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The March 2020 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL VIEW has not materially changed since March 2020.

How Large is 3 CHAPEL VIEW?

3 CHAPEL VIEW is 60m² according to the EPC inspection conducted in March 2019. 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 3 CHAPEL VIEW lies on this distribution: 4% of terraced houses houses are smaller than 3 CHAPEL VIEW, and 95% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

3 CHAPEL VIEW: Plot and Title Map

3 CHAPEL VIEW sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 3 CHAPEL VIEW, 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 3 CHAPEL VIEW). 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 3 CHAPEL VIEW?

3 CHAPEL VIEW is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 3 on CHAPEL VIEW.