18B, SPRINGWELL AVENUE, DURHAM, DH1 4LY - £225,000

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.

18B SPRINGWELL AVENUE is a very small semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £293,283. It was last sold for £225,000 in December 2009, which was around 115% above the average December 2009 semi-detached price in the County Durham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

18B SPRINGWELL AVENUE Sold Prices

Land registry data shows two sales for 18B SPRINGWELL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 18B 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
2009 18 DEC	£225,000	£104,459	115% above HPI
1995 23 APR	£90,000	£37,032	143% above HPI

18B SPRINGWELL AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 18B SPRINGWELL AVENUE sales from April 1995 and December 2009 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 April 1995 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the December 2009 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 18B SPRINGWELL AVENUE be worth now?

18B SPRINGWELL AVENUE might now be worth an estimated £293,283.

This is based on house price inflation of 30.3%, between December 2009 and February 2025, for semi-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 30.3% inflationary increase is applied to the most recent sale price for 18B SPRINGWELL AVENUE of £225,000 on 18th December 2009. For the value to have increased from £225,000 to £293,283 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 18B SPRINGWELL AVENUE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The December 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18B SPRINGWELL AVENUE has not materially changed since December 2009.

How Large is 18B SPRINGWELL AVENUE?

18B SPRINGWELL AVENUE is 85m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of semi-detached houses houses in Durham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Durham, and where 18B SPRINGWELL AVENUE lies on this distribution: 11% of semi-detached houses houses are smaller than 18B SPRINGWELL AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Durham.

18B SPRINGWELL AVENUE: Plot and Title Map

18B SPRINGWELL AVENUE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 18B 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 18B 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 18B SPRINGWELL AVENUE?

18B SPRINGWELL AVENUE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 18B on SPRINGWELL AVENUE.