18, FARADAY COURT, DURHAM, DH1 4FG - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 FARADAY COURT is a very large extended detached house of 186m², built sometime between 2003 and 2006. It was last sold for £485,000 in December 2023, which was around 131% above the average December 2023 detached price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

18 FARADAY COURT Sold Prices

Land registry data shows two sales for 18 FARADAY COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 18 FARADAY COURT 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 8 DEC	£485,000	£209,897	131% above HPI
2006 18 DEC	£345,000	£183,161	88% above HPI

18 FARADAY COURT 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 two 18 FARADAY COURT sales from December 2006 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 December 2006 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the December 2023 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

How Large is 18 FARADAY COURT?

18 FARADAY COURT is 186m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 18 FARADAY COURT lies on this distribution: 84% of detached houses are smaller than 18 FARADAY COURT, and 15% of houses are larger. Note that EPC data is not available for all properties in Durham.

18 FARADAY COURT: Plot and Title Map

18 FARADAY COURT sits on a plot of roughly 3.4 acres, or 13,598m². The below map shows the location of 18 FARADAY COURT, 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 18 FARADAY COURT). 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 18 FARADAY COURT?

18 FARADAY COURT is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 18 on FARADAY COURT.