THE BYRE, RED HOUSE FARM, PITY ME, DURHAM, DH1 5RZ - £320,000

THE BYRE is a very small detached house of 61m², built sometime between 2003 and 2006. It was last sold for £320,000 in September 2016, which was around 92% above the average September 2016 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

THE BYRE Sold Prices

Land registry data shows two sales for THE BYRE 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 THE BYRE 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 22 SEP	£320,000	£166,538	92% above HPI
2004 19 NOV	£260,000	£158,649	64% above HPI

THE BYRE 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 THE BYRE sales from November 2004 and September 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 November 2004 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2016 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is THE BYRE?

THE BYRE is 61m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where THE BYRE lies on this distribution: 1% of detached houses are smaller than THE BYRE, and 99% of houses are larger. Note that EPC data is not available for all properties in Durham.

THE BYRE: Plot and Title Map

THE BYRE sits on a plot of roughly 0.882 of an acre, or 3,569m². The below map shows the location of THE BYRE, 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 THE BYRE). 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 THE BYRE?

THE BYRE, RED HOUSE FARM is located in PITY ME, in the DH1 postcode district. The below map shows the position of THE BYRE, RED HOUSE FARM in PITY ME.