8, CORONATION TERRACE, WEST CORNFORTH, FERRYHILL, DL17 9LR - £65,000

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.

8 CORONATION TERRACE is a small detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £92,012. It was last sold for £65,000 in April 2005, which was around 61% below the average April 2005 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 CORONATION TERRACE Sold Prices

Land registry data shows two sales for 8 CORONATION TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 8 CORONATION TERRACE 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
2005 18 APR	£65,000	£168,204	61% below HPI
2002 3 SEP	£42,000	£99,118	58% below HPI

8 CORONATION TERRACE 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 two 8 CORONATION TERRACE sales from September 2002 and April 2005 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 September 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the April 2005 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 8 CORONATION TERRACE be worth now?

8 CORONATION TERRACE might now be worth an estimated £92,012.

This is based on house price inflation of 41.6%, between April 2005 and April 2026, 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 41.6% inflationary increase is applied to the most recent sale price for 8 CORONATION TERRACE of £65,000 on 18th April 2005. For the value to have increased from £65,000 to £92,012 over the 21 years to April 2026, the following assumptions must hold true:

• The value of 8 CORONATION TERRACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2005 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CORONATION TERRACE has not materially changed since April 2005.

How Large is 8 CORONATION TERRACE?

8 CORONATION TERRACE is 94m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 8 CORONATION TERRACE lies on this distribution: 24% of detached houses houses are smaller than 8 CORONATION TERRACE, and 74% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

8 CORONATION TERRACE: Plot and Title Map

8 CORONATION TERRACE sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 8 CORONATION TERRACE, 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 8 CORONATION TERRACE). 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 8 CORONATION TERRACE?

8 CORONATION TERRACE is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 8 on CORONATION TERRACE.