12, RICHMOND DRIVE, WOODSTONE VILLAGE, HOUGHTON LE SPRING, DH4 6TY - £186,000

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 RICHMOND DRIVE is a small extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £250,150. It was last sold for £186,000 in September 2017, which was around 6% above the average September 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

12 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 12 RICHMOND DRIVE 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 RICHMOND DRIVE 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
2017 22 SEP	£186,000	£175,601	6% above HPI
2000 24 NOV	£98,995	£82,128	21% above HPI

12 RICHMOND DRIVE 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 RICHMOND DRIVE sales from November 2000 and September 2017 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 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 12 RICHMOND DRIVE be worth now?

12 RICHMOND DRIVE might now be worth an estimated £250,150.

This is based on house price inflation of 34.5%, between September 2017 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 34.5% inflationary increase is applied to the most recent sale price for 12 RICHMOND DRIVE of £186,000 on 22nd September 2017. For the value to have increased from £186,000 to £250,150 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 RICHMOND DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2017 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RICHMOND DRIVE has not materially changed since September 2017.

How Large is 12 RICHMOND DRIVE?

12 RICHMOND DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Woodstone Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodstone Village, and where 12 RICHMOND DRIVE lies on this distribution: 28% of detached houses houses are smaller than 12 RICHMOND DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Woodstone Village.

12 RICHMOND DRIVE: Plot and Title Map

12 RICHMOND DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 12 RICHMOND DRIVE, 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 RICHMOND DRIVE). 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 RICHMOND DRIVE?

12 RICHMOND DRIVE is located in WOODSTONE VILLAGE, in the DH4 postcode district. The below map shows the position of No. 12 on RICHMOND DRIVE.