16, SPRINGWELL AVENUE, DURHAM, DH1 4LY - £680,000

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.

16 SPRINGWELL AVENUE is a large extended detached house of 173m², built sometime between 1930 and 1949, which could now be worth an estimated £872,022. It was last sold for £680,000 in November 2020, which was around 269% above the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was B.

16 SPRINGWELL AVENUE Sold Prices

Land registry data shows three sales for 16 SPRINGWELL AVENUE 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 SPRINGWELL AVENUE 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 19 NOV	£680,000	£184,160	269% above HPI
2014 5 JUN	£350,000	£162,562	115% above HPI
1998 11 SEP	£149,500	£75,907	97% above HPI

16 SPRINGWELL AVENUE 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 SPRINGWELL AVENUE sales between September 1998 and November 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 June 2014 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the November 2020 sale, where it rises to 269% above the HPI. The line then continues to track at 269% above the HPI.

What might 16 SPRINGWELL AVENUE be worth now?

16 SPRINGWELL AVENUE might now be worth an estimated £872,022.

This is based on house price inflation of 28.2%, between November 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 28.2% inflationary increase is applied to the most recent sale price for 16 SPRINGWELL AVENUE of £680,000 on 19th November 2020. For the value to have increased from £680,000 to £872,022 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 SPRINGWELL AVENUE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2020 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGWELL AVENUE has not materially changed since November 2020.

How Large is 16 SPRINGWELL AVENUE?

16 SPRINGWELL AVENUE is 173m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 16 SPRINGWELL AVENUE lies on this distribution: 80% of detached houses houses are smaller than 16 SPRINGWELL AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in Durham.

16 SPRINGWELL AVENUE: Plot and Title Map

16 SPRINGWELL AVENUE sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of 16 SPRINGWELL AVENUE, 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 SPRINGWELL AVENUE). 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 SPRINGWELL AVENUE?

16 SPRINGWELL AVENUE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 16 on SPRINGWELL AVENUE.