12, CAIN TERRACE, WHEATLEY HILL, DURHAM, DH6 3SA - £129,000

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.

12 CAIN TERRACE is a very small detached house of 75m², which could now be worth an estimated £163,224. It was last sold for £129,000 in December 2020, which was around 31% below the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

12 CAIN TERRACE Sold Prices

Land registry data shows two sales for 12 CAIN 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 12 CAIN 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 18 DEC	£129,000	£186,646	31% below HPI
2016 23 SEP	£107,995	£171,192	37% below HPI

12 CAIN 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 12 CAIN TERRACE sales from September 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 September 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 12 CAIN TERRACE be worth now?

12 CAIN TERRACE might now be worth an estimated £163,224.

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 12 CAIN TERRACE of £129,000 on 18th December 2020. For the value to have increased from £129,000 to £163,224 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 CAIN TERRACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2020 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CAIN TERRACE has not materially changed since December 2020.

How Large is 12 CAIN TERRACE?

12 CAIN TERRACE is 75m² according to the EPC inspection conducted in August 2016. 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 12 CAIN TERRACE lies on this distribution: 15% of detached houses houses are smaller than 12 CAIN TERRACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

12 CAIN TERRACE: Plot and Title Map

12 CAIN TERRACE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 12 CAIN 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 12 CAIN 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 12 CAIN TERRACE?

12 CAIN TERRACE is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 12 on CAIN TERRACE.