HOLMFIELD, DARLINGTON ROAD, BARNARD CASTLE, DL12 8HN - £425,000

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.

HOLMFIELD is a very large extended detached house of 246m², built sometime between 1900 and 1929, which could now be worth an estimated £601,583. It was last sold for £425,000 in June 2016, which was around 159% above the average June 2016 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

HOLMFIELD Sold Prices

Land registry data shows two sales for HOLMFIELD 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 HOLMFIELD 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
2016 21 JUN	£425,000	£164,132	159% above HPI
2008 9 OCT	£350,000	£189,550	85% above HPI

HOLMFIELD 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 HOLMFIELD sales from October 2008 and June 2016 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 2008 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2016 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

What might HOLMFIELD be worth now?

HOLMFIELD might now be worth an estimated £601,583.

This is based on house price inflation of 41.5%, between June 2016 and June 2025, 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 41.5% inflationary increase is applied to the most recent sale price for HOLMFIELD of £425,000 on 21st June 2016. For the value to have increased from £425,000 to £601,583 over the nine years to June 2025, the following assumptions must hold true:

• The value of HOLMFIELD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of HOLMFIELD has not materially changed since June 2016.

How Large is HOLMFIELD?

HOLMFIELD is 246m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Barnard Castle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnard Castle, and where HOLMFIELD lies on this distribution: 99% of detached houses houses are smaller than HOLMFIELD, and 1% of houses are larger. Note that EPC data is not available for all properties in Barnard Castle.

HOLMFIELD: Plot and Title Map

HOLMFIELD sits on a plot of roughly 0.295 of an acre, or 1,194m². The below map shows the location of HOLMFIELD, 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 HOLMFIELD). 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 HOLMFIELD?

HOLMFIELD is located on DARLINGTON ROAD in BARNARD CASTLE, in the DL12 postcode district. The below map shows the position of HOLMFIELD on DARLINGTON ROAD.