1, SCHOOL GREEN, THORNLEY, DURHAM, DH6 3EQ - £196,000

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.

1 SCHOOL GREEN is a very large extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £265,161. It was last sold for £196,000 in July 2018, which was around 12% above the average July 2018 detached price in the County Durham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

1 SCHOOL GREEN Sold Prices

Land registry data shows four sales for 1 SCHOOL GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 1 SCHOOL GREEN 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 27 JUL	£196,000	£175,020	12% above HPI
2008 18 SEP	£165,000	£194,156	15% below HPI
2007 9 OCT	£150,000	£199,201	25% below HPI
2001 19 NOV	£85,000	£89,290	5% below HPI

1 SCHOOL GREEN 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 four 1 SCHOOL GREEN sales between November 2001 and July 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 September 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 SCHOOL GREEN be worth now?

1 SCHOOL GREEN might now be worth an estimated £265,161.

This is based on house price inflation of 35.3%, between July 2018 and March 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 35.3% inflationary increase is applied to the most recent sale price for 1 SCHOOL GREEN of £196,000 on 27th July 2018. For the value to have increased from £196,000 to £265,161 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of 1 SCHOOL GREEN has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2018 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SCHOOL GREEN has not materially changed since July 2018.

How Large is 1 SCHOOL GREEN?

1 SCHOOL GREEN is 155m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses houses in Thornley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thornley, and where 1 SCHOOL GREEN lies on this distribution: 91% of detached houses houses are smaller than 1 SCHOOL GREEN, and 9% of houses are larger. Note that EPC data is not available for all properties in Thornley.

1 SCHOOL GREEN: Plot and Title Map

1 SCHOOL GREEN sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 1 SCHOOL GREEN, 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 1 SCHOOL GREEN). 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 1 SCHOOL GREEN?

1 SCHOOL GREEN is located in THORNLEY, in the DH6 postcode district. The below map shows the position of No. 1 on SCHOOL GREEN.