19, LUKE TERRACE, WHEATLEY HILL, DURHAM, DH6 3RX - £83,000

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.

19 LUKE TERRACE is a very small detached house of 71m², which could now be worth an estimated £115,468. It was last sold for £83,000 in March 2020, which was around 51% below the average March 2020 detached price in the County Durham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

19 LUKE TERRACE Sold Prices

Land registry data shows two sales for 19 LUKE TERRACE 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 19 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
2020 20 MAR	£83,000	£169,758	51% below HPI
2015 28 SEP	£83,995	£166,697	50% below HPI

19 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 two 19 LUKE TERRACE sales from September 2015 and March 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 September 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 19 LUKE TERRACE be worth now?

19 LUKE TERRACE might now be worth an estimated £115,468.

This is based on house price inflation of 39.1%, between March 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 39.1% inflationary increase is applied to the most recent sale price for 19 LUKE TERRACE of £83,000 on 20th March 2020. For the value to have increased from £83,000 to £115,468 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 19 LUKE TERRACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2020 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 19 LUKE TERRACE has not materially changed since March 2020.

How Large is 19 LUKE TERRACE?

19 LUKE TERRACE is 71m² according to the EPC inspection conducted in August 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 19 LUKE TERRACE lies on this distribution: 5% of detached houses houses are smaller than 19 LUKE TERRACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

19 LUKE TERRACE: Plot and Title Map

19 LUKE TERRACE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 19 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 19 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 19 LUKE TERRACE?

19 LUKE TERRACE is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 19 on LUKE TERRACE.