MEADOW COTTAGE, VICTORIA LANE, COUNDON, BISHOP AUCKLAND, DL14 8NL - £120,000

MEADOW COTTAGE is a midsized extended detached house of 110m², built sometime before 1900. It was last sold for £120,000 in August 2018, which was around 29% below the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was D.

MEADOW COTTAGE Sold Prices

Land registry data shows three sales for MEADOW COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three MEADOW COTTAGE 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
2018 24 AUG	£120,000	£169,680	29% below HPI
2008 21 NOV	£140,000	£177,860	21% below HPI
1997 22 AUG	£59,950	£72,939	18% below HPI

MEADOW COTTAGE 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 three MEADOW COTTAGE sales between August 1997 and August 2018 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 November 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is MEADOW COTTAGE?

MEADOW COTTAGE is 110m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Coundon, based on EPC data. The below chart shows the distribution of detached houses by size in Coundon, and where MEADOW COTTAGE lies on this distribution: 56% of detached houses are smaller than MEADOW COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Coundon.

MEADOW COTTAGE: Plot and Title Map

MEADOW COTTAGE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of MEADOW COTTAGE, 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 MEADOW COTTAGE). 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 MEADOW COTTAGE?

MEADOW COTTAGE is located on VICTORIA LANE in COUNDON, in the DL14 postcode district. The below map shows the position of MEADOW COTTAGE on VICTORIA LANE.