2, QUEENSWAY, SHILDON, DL4 2BQ - £55,000

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 QUEENSWAY is a very small semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £81,948. It was last sold for £55,000 in November 2014, which was around 40% below the average November 2014 semi-detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

2 QUEENSWAY Sold Prices

Land registry data shows two sales for 2 QUEENSWAY 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 2 QUEENSWAY 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
2014 7 NOV	£55,000	£91,385	40% below HPI
1998 2 NOV	£15,000	£40,332	63% below HPI

2 QUEENSWAY 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 2 QUEENSWAY sales from November 1998 and November 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 November 1998 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the November 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 QUEENSWAY be worth now?

2 QUEENSWAY might now be worth an estimated £81,948.

This is based on house price inflation of 49%, between November 2014 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 49% inflationary increase is applied to the most recent sale price for 2 QUEENSWAY of £55,000 on 7th November 2014. For the value to have increased from £55,000 to £81,948 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 QUEENSWAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2014 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 2 QUEENSWAY has not materially changed since November 2014.

How Large is 2 QUEENSWAY?

2 QUEENSWAY is 68m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of semi-detached houses houses in Shildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shildon, and where 2 QUEENSWAY lies on this distribution: 2% of semi-detached houses houses are smaller than 2 QUEENSWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Shildon.

2 QUEENSWAY: Plot and Title Map

2 QUEENSWAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 2 QUEENSWAY, 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 QUEENSWAY). 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 QUEENSWAY?

2 QUEENSWAY is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 2 on QUEENSWAY.