16, MARLEY FIELDS, WHEATLEY HILL, DURHAM, DH6 3AX - £249,500

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.

16 MARLEY FIELDS is a very large detached house of 127m², which could now be worth an estimated £338,101. It was last sold for £249,500 in August 2020, which was around 43% above the average August 2020 detached price in the County Durham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

16 MARLEY FIELDS Sold Prices

Land registry data shows three sales for 16 MARLEY FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 16 MARLEY FIELDS 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
2020 27 AUG	£249,500	£174,276	43% above HPI
2017 6 NOV	£1,100,000	£174,117	532% above HPI
2017 31 JUL	£1,100,000	£174,809	529% above HPI

16 MARLEY FIELDS 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 three 16 MARLEY FIELDS sales between July 2017 and August 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 November 2017 sale was for 532% above the HPI. So the extrapolation line tracks at 532% above the HPI over time, until the August 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 16 MARLEY FIELDS be worth now?

16 MARLEY FIELDS might now be worth an estimated £338,101.

This is based on house price inflation of 35.5%, between August 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 35.5% inflationary increase is applied to the most recent sale price for 16 MARLEY FIELDS of £249,500 on 27th August 2020. For the value to have increased from £249,500 to £338,101 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 16 MARLEY FIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2020 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MARLEY FIELDS has not materially changed since August 2020.

How Large is 16 MARLEY FIELDS?

16 MARLEY FIELDS is 127m² according to the EPC inspection conducted in July 2019. This puts it in the largest 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 16 MARLEY FIELDS lies on this distribution: 80% of detached houses houses are smaller than 16 MARLEY FIELDS, and 14% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

16 MARLEY FIELDS: Plot and Title Map

16 MARLEY FIELDS sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 16 MARLEY FIELDS, 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 16 MARLEY FIELDS). 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 16 MARLEY FIELDS?

16 MARLEY FIELDS is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 16 on MARLEY FIELDS.