2, FARNLEY RIDGE, DURHAM, DH1 4HB - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FARNLEY RIDGE is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £526,139. It was last sold for £370,000 in August 2014, which was around 124% above the average August 2014 detached price in the County Durham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

2 FARNLEY RIDGE Sold Prices

Land registry data shows three sales for 2 FARNLEY RIDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 2 FARNLEY RIDGE 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
2014 22 AUG	£370,000	£164,966	124% above HPI
2001 30 MAR	£145,000	£80,843	79% above HPI
1998 26 JUN	£123,000	£73,736	67% above HPI

2 FARNLEY RIDGE 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 three 2 FARNLEY RIDGE sales between June 1998 and August 2014 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 2001 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the August 2014 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 2 FARNLEY RIDGE be worth now?

2 FARNLEY RIDGE might now be worth an estimated £526,139.

This is based on house price inflation of 42.2%, between August 2014 and December 2024, 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 42.2% inflationary increase is applied to the most recent sale price for 2 FARNLEY RIDGE of £370,000 on 22nd August 2014. For the value to have increased from £370,000 to £526,139 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 FARNLEY RIDGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2014 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARNLEY RIDGE has not materially changed since August 2014.

How Large is 2 FARNLEY RIDGE?

2 FARNLEY RIDGE is 105m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 2 FARNLEY RIDGE lies on this distribution: 26% of detached houses houses are smaller than 2 FARNLEY RIDGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Durham.

2 FARNLEY RIDGE: Plot and Title Map

2 FARNLEY RIDGE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 2 FARNLEY RIDGE, 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 FARNLEY RIDGE). 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 FARNLEY RIDGE?

2 FARNLEY RIDGE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 2 on FARNLEY RIDGE.