2, ALFORD, OUSTON, CHESTER LE STREET, DH2 1RT - £200,000

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.

2 ALFORD is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £211,215. It was last sold for £200,000 in October 2024, which was around 11% below the average October 2024 detached price in the County Durham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

2 ALFORD Sold Prices

Land registry data shows two sales for 2 ALFORD 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 2 ALFORD 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
2024 25 OCT	£200,000	£223,624	11% below HPI
2007 17 AUG	£176,500	£195,343	10% below HPI

2 ALFORD 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 2 ALFORD sales from August 2007 and October 2024 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 August 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 ALFORD be worth now?

2 ALFORD might now be worth an estimated £211,215.

This is based on house price inflation of 5.6%, between October 2024 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 5.6% inflationary increase is applied to the most recent sale price for 2 ALFORD of £200,000 on 25th October 2024. For the value to have increased from £200,000 to £211,215 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 2 ALFORD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALFORD has not materially changed since October 2024.

How Large is 2 ALFORD?

2 ALFORD is 83m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Ouston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ouston, and where 2 ALFORD lies on this distribution: 10% of detached houses houses are smaller than 2 ALFORD, and 90% of houses are larger. Note that EPC data is not available for all properties in Ouston.

2 ALFORD: Plot and Title Map

2 ALFORD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 ALFORD, 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 2 ALFORD). 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 2 ALFORD?

2 ALFORD is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 2 on ALFORD.