12, SOUTH STREET, WEST RAINTON, HOUGHTON LE SPRING, DH4 6PA - £277,000

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 SOUTH STREET is a large detached house of 185m², which could now be worth an estimated £338,624. It was last sold for £277,000 in May 2021, which was around 43% above the average May 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

12 SOUTH STREET Sold Prices

Land registry data shows six sales for 12 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the six 12 SOUTH STREET 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
2021 7 MAY	£277,000	£193,186	43% above HPI
2016 9 MAY	£265,000	£163,912	62% above HPI
2011 31 OCT	£250,000	£169,017	48% above HPI
2007 22 JUN	£395,000	£188,874	109% above HPI
2004 23 NOV	£225,000	£163,083	38% above HPI
2000 4 AUG	£47,728	£85,128	44% below HPI

12 SOUTH STREET 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 six 12 SOUTH STREET sales between August 2000 and May 2021 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 May 2016 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the May 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 12 SOUTH STREET be worth now?

12 SOUTH STREET might now be worth an estimated £338,624.

This is based on house price inflation of 22.2%, between May 2021 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 22.2% inflationary increase is applied to the most recent sale price for 12 SOUTH STREET of £277,000 on 7th May 2021. For the value to have increased from £277,000 to £338,624 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 12 SOUTH STREET has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2021 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SOUTH STREET has not materially changed since May 2021.

How Large is 12 SOUTH STREET?

12 SOUTH STREET is 185m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses houses in West Rainton, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Rainton, and where 12 SOUTH STREET lies on this distribution: 79% of detached houses houses are smaller than 12 SOUTH STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in West Rainton.

12 SOUTH STREET: Plot and Title Map

12 SOUTH STREET sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 12 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

12 SOUTH STREET is located in WEST RAINTON, in the DH4 postcode district. The below map shows the position of No. 12 on SOUTH STREET.