33, PROSPECT PLACE, COXHOE, DURHAM, DH6 4LA - £118,000

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.

33 PROSPECT PLACE is a very small terraced house of 55m², built sometime between 2007 and 2011, which could now be worth an estimated £137,393. It was last sold for £118,000 in May 2023, which was around 21% above the average May 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was A.

33 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 33 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 33 PROSPECT PLACE 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
2023 5 MAY	£118,000	£97,514	21% above HPI
2018 20 AUG	£106,000	£81,331	30% above HPI
2012 20 DEC	£108,000	£79,117	37% above HPI

33 PROSPECT PLACE 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 three 33 PROSPECT PLACE sales between December 2012 and May 2023 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 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 33 PROSPECT PLACE be worth now?

33 PROSPECT PLACE might now be worth an estimated £137,393.

This is based on house price inflation of 16.4%, between May 2023 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 16.4% inflationary increase is applied to the most recent sale price for 33 PROSPECT PLACE of £118,000 on 5th May 2023. For the value to have increased from £118,000 to £137,393 over the three years to May 2026, the following assumptions must hold true:

• The value of 33 PROSPECT PLACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2023 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 33 PROSPECT PLACE has not materially changed since May 2023.

How Large is 33 PROSPECT PLACE?

33 PROSPECT PLACE is 55m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of terraced houses houses in Coxhoe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Coxhoe, and where 33 PROSPECT PLACE lies on this distribution: 1% of terraced houses houses are smaller than 33 PROSPECT PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Coxhoe.

33 PROSPECT PLACE: Plot and Title Map

33 PROSPECT PLACE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 33 PROSPECT PLACE, 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 33 PROSPECT PLACE). 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 33 PROSPECT PLACE?

33 PROSPECT PLACE is located in COXHOE, in the DH6 postcode district. The below map shows the position of No. 33 on PROSPECT PLACE.