17, LUKE TERRACE, WHEATLEY HILL, DURHAM, DH6 3RX - £132,500

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.

17 LUKE TERRACE is a very small detached house of 72m², which could now be worth an estimated £147,024. It was last sold for £132,500 in July 2022, which was around 38% below the average July 2022 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was A.

17 LUKE TERRACE Sold Prices

Land registry data shows four sales for 17 LUKE TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 17 LUKE TERRACE sales were for below 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
2022 8 JUL	£132,500	£212,834	38% below HPI
2022 25 MAR	£130,000	£202,870	36% below HPI
2016 23 NOV	£107,975	£167,664	36% below HPI
2015 31 JUL	£99,955	£166,233	40% below HPI

17 LUKE TERRACE 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 four 17 LUKE TERRACE sales between July 2015 and July 2022 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 March 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 17 LUKE TERRACE be worth now?

17 LUKE TERRACE might now be worth an estimated £147,024.

This is based on house price inflation of 11%, between July 2022 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 11% inflationary increase is applied to the most recent sale price for 17 LUKE TERRACE of £132,500 on 8th July 2022. For the value to have increased from £132,500 to £147,024 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 17 LUKE TERRACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2022 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 17 LUKE TERRACE has not materially changed since July 2022.

How Large is 17 LUKE TERRACE?

17 LUKE TERRACE is 72m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 17 LUKE TERRACE lies on this distribution: 9% of detached houses houses are smaller than 17 LUKE TERRACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

17 LUKE TERRACE: Plot and Title Map

17 LUKE TERRACE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 17 LUKE TERRACE, 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 17 LUKE TERRACE). 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 17 LUKE TERRACE?

17 LUKE TERRACE is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 17 on LUKE TERRACE.