12, SMITHFIELD, PITY ME, DURHAM, DH1 5PP - £290,000

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

12 SMITHFIELD is a very small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £313,238. It was last sold for £290,000 in December 2023, which was around 34% above the average December 2023 detached price in the County Durham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

12 SMITHFIELD Sold Prices

Land registry data shows five sales for 12 SMITHFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 12 SMITHFIELD 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
2023 15 DEC	£290,000	£217,178	34% above HPI
2011 9 JUN	£215,000	£170,752	26% above HPI
2007 20 FEB	£215,000	£186,896	15% above HPI
2004 27 AUG	£205,000	£155,908	31% above HPI
1999 30 MAR	£89,950	£73,203	23% above HPI

12 SMITHFIELD 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 five 12 SMITHFIELD sales between March 1999 and December 2023 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 June 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 SMITHFIELD be worth now?

12 SMITHFIELD might now be worth an estimated £313,238.

This is based on house price inflation of 8%, between December 2023 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 8% inflationary increase is applied to the most recent sale price for 12 SMITHFIELD of £290,000 on 15th December 2023. For the value to have increased from £290,000 to £313,238 over the one year to December 2024, the following assumptions must hold true:

• The value of 12 SMITHFIELD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SMITHFIELD has not materially changed since December 2023.

How Large is 12 SMITHFIELD?

12 SMITHFIELD is 87m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 12 SMITHFIELD lies on this distribution: 12% of detached houses houses are smaller than 12 SMITHFIELD, and 88% of houses are larger. Note that EPC data is not available for all properties in Durham.

12 SMITHFIELD: Plot and Title Map

12 SMITHFIELD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 SMITHFIELD, 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 SMITHFIELD). 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 SMITHFIELD?

12 SMITHFIELD is located in PITY ME, in the DH1 postcode district. The below map shows the position of No. 12 on SMITHFIELD.