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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CAIN TERRACE is a very small detached house of 75m². It was last sold for £129,000 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 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	£181,572	29% below HPI
2016 23 SEP	£107,995	£166,538	35% 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 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.

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 in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Wheatley Hill, and where 12 CAIN TERRACE lies on this distribution: 15% of detached 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.