11, LUKE TERRACE, WHEATLEY HILL, DURHAM, DH6 3RX - £132,000

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.

11 LUKE TERRACE is a very small detached house of 75m², which could now be worth an estimated £167,020. It was last sold for £132,000 in December 2020, which was around 29% below the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

11 LUKE TERRACE Sold Prices

Land registry data shows two sales for 11 LUKE TERRACE 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 11 LUKE TERRACE 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
2020 15 DEC	£132,000	£186,646	29% below HPI
2016 4 JAN	£106,995	£164,817	35% below HPI

11 LUKE TERRACE 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 11 LUKE TERRACE sales from January 2016 and December 2020 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 January 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 11 LUKE TERRACE be worth now?

11 LUKE TERRACE might now be worth an estimated £167,020.

This is based on house price inflation of 26.5%, between December 2020 and February 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 26.5% inflationary increase is applied to the most recent sale price for 11 LUKE TERRACE of £132,000 on 15th December 2020. For the value to have increased from £132,000 to £167,020 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 11 LUKE TERRACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2020 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LUKE TERRACE has not materially changed since December 2020.

How Large is 11 LUKE TERRACE?

11 LUKE TERRACE is 75m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses houses in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wheatley Hill, and where 11 LUKE TERRACE lies on this distribution: 15% of detached houses houses are smaller than 11 LUKE TERRACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

11 LUKE TERRACE: Plot and Title Map

11 LUKE TERRACE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 11 LUKE TERRACE, 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 11 LUKE TERRACE). 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 11 LUKE TERRACE?

11 LUKE TERRACE is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 11 on LUKE TERRACE.