THE GROVE, RUDDOCK AVENUE, BISHOP AUCKLAND, DL14 6PF - £65,000

THE GROVE is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £65,000 in January 2001, which was around 19% below the average January 2001 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

THE GROVE Sold Prices

Land registry data shows three sales for THE GROVE 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 THE GROVE 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
2001 26 JAN	£65,000	£80,384	19% below HPI
1999 1 APR	£29,000	£71,106	59% below HPI
1996 26 JAN	£52,000	£66,500	22% below HPI

THE GROVE 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 THE GROVE sales between January 1996 and January 2001 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 April 1999 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the January 2001 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE GROVE?

THE GROVE is 87m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Auckland, and where THE GROVE lies on this distribution: 18% of detached houses are smaller than THE GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

THE GROVE: Plot and Title Map

THE GROVE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of THE GROVE, 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 GROVE). 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 GROVE?

THE GROVE is located on RUDDOCK AVENUE in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of THE GROVE on RUDDOCK AVENUE.