5, FOLLY VIEW, BUTTERKNOWLE, BISHOP AUCKLAND, DL13 5QB - £130,000

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.

5 FOLLY VIEW is a very small terraced house of 78m², built sometime before 1900, which could now be worth an estimated £177,798. It was last sold for £130,000 in August 2020, which was around 61% above the average August 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was G, and the potential energy rating was D.

5 FOLLY VIEW Sold Prices

Land registry data shows three sales for 5 FOLLY VIEW 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. One of the three 5 FOLLY VIEW sales was for above the average price, whilst two 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
2020 26 AUG	£130,000	£80,876	61% above HPI
2018 11 DEC	£43,500	£81,141	46% below HPI
2003 24 JUL	£39,000	£50,067	22% below HPI

5 FOLLY 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 three 5 FOLLY VIEW sales between July 2003 and August 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 December 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2020 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 5 FOLLY VIEW be worth now?

5 FOLLY VIEW might now be worth an estimated £177,798.

This is based on house price inflation of 36.8%, between August 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 36.8% inflationary increase is applied to the most recent sale price for 5 FOLLY VIEW of £130,000 on 26th August 2020. For the value to have increased from £130,000 to £177,798 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 5 FOLLY VIEW has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The August 2020 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FOLLY VIEW has not materially changed since August 2020.

How Large is 5 FOLLY VIEW?

5 FOLLY VIEW is 78m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of terraced houses houses in Butterknowle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Butterknowle, and where 5 FOLLY VIEW lies on this distribution: 10% of terraced houses houses are smaller than 5 FOLLY VIEW, and 90% of houses are larger. Note that EPC data is not available for all properties in Butterknowle.

5 FOLLY VIEW: Plot and Title Map

5 FOLLY VIEW sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 5 FOLLY 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 5 FOLLY 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 5 FOLLY VIEW?

5 FOLLY VIEW is located in BUTTERKNOWLE, in the DL13 postcode district. The below map shows the position of No. 5 on FOLLY VIEW.