39, THE BANK, BARNARD CASTLE, DL12 8PL - £156,000

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.

39 THE BANK is a very small extended terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £177,206. It was last sold for £156,000 in April 2023, which was around 60% above the average April 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

39 THE BANK Sold Prices

Land registry data shows three sales for 39 THE BANK 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 39 THE BANK 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 21 APR	£156,000	£97,375	60% above HPI
2002 18 OCT	£67,500	£41,488	63% above HPI
1998 21 AUG	£43,000	£32,071	34% above HPI

39 THE BANK 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 39 THE BANK sales between August 1998 and April 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 October 2002 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the April 2023 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 39 THE BANK be worth now?

39 THE BANK might now be worth an estimated £177,206.

This is based on house price inflation of 13.6%, between April 2023 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 13.6% inflationary increase is applied to the most recent sale price for 39 THE BANK of £156,000 on 21st April 2023. For the value to have increased from £156,000 to £177,206 over the one year and ten months to June 2025, the following assumptions must hold true:

• The value of 39 THE BANK has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The April 2023 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 39 THE BANK has not materially changed since April 2023.

How Large is 39 THE BANK?

39 THE BANK is 86m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% 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 39 THE BANK lies on this distribution: 18% of terraced houses houses are smaller than 39 THE BANK, and 82% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

39 THE BANK: Plot and Title Map

39 THE BANK sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 39 THE BANK, 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 39 THE BANK). 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 39 THE BANK?

39 THE BANK is located in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of No. 39 on THE BANK.