1, THE STEADINGS, DURHAM, DH1 3QZ - £432,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE STEADINGS is a very large detached house of 203m², built sometime between 2003 and 2006, which could now be worth an estimated £563,796. It was last sold for £432,500 in October 2010, which was around 140% above the average October 2010 detached price in the County Durham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

1 THE STEADINGS Sold Prices

Land registry data shows three sales for 1 THE STEADINGS 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 1 THE STEADINGS 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
2010 19 OCT	£432,500	£179,952	140% above HPI
2007 15 NOV	£546,500	£199,057	175% above HPI
2002 28 MAR	£310,000	£88,539	250% above HPI

1 THE STEADINGS 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 1 THE STEADINGS sales between March 2002 and October 2010 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 2007 sale was for 175% above the HPI. So the extrapolation line tracks at 175% above the HPI over time, until the October 2010 sale, where it falls to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 1 THE STEADINGS be worth now?

1 THE STEADINGS might now be worth an estimated £563,796.

This is based on house price inflation of 30.4%, between October 2010 and December 2024, 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 30.4% inflationary increase is applied to the most recent sale price for 1 THE STEADINGS of £432,500 on 19th October 2010. For the value to have increased from £432,500 to £563,796 over the thirteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 THE STEADINGS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2010 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE STEADINGS has not materially changed since October 2010.

How Large is 1 THE STEADINGS?

1 THE STEADINGS is 203m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 1 THE STEADINGS lies on this distribution: 88% of detached houses houses are smaller than 1 THE STEADINGS, and 12% of houses are larger. Note that EPC data is not available for all properties in Durham.

1 THE STEADINGS: Plot and Title Map

1 THE STEADINGS sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 1 THE STEADINGS, 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 THE STEADINGS). 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 THE STEADINGS?

1 THE STEADINGS is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 1 on THE STEADINGS.