22, GLOUCESTERSHIRE DRIVE, DURHAM, DH1 2DH - £59,950

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

22 GLOUCESTERSHIRE DRIVE is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £193,029. It was last sold for £59,950 in October 1997, which was around 18% below the average October 1997 detached price in the County Durham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

22 GLOUCESTERSHIRE DRIVE Sold Prices

Land registry data shows two sales for 22 GLOUCESTERSHIRE DRIVE 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 22 GLOUCESTERSHIRE DRIVE 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
1997 14 OCT	£59,950	£72,855	18% below HPI
1996 4 MAR	£47,000	£67,911	31% below HPI

22 GLOUCESTERSHIRE DRIVE 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 22 GLOUCESTERSHIRE DRIVE sales from March 1996 and October 1997 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 1997 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 22 GLOUCESTERSHIRE DRIVE be worth now?

22 GLOUCESTERSHIRE DRIVE might now be worth an estimated £193,029.

This is based on house price inflation of 222%, between October 1997 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 222% inflationary increase is applied to the most recent sale price for 22 GLOUCESTERSHIRE DRIVE of £59,950 on 14th October 1997. For the value to have increased from £59,950 to £193,029 over the 26 years and ten months to December 2024, the following assumptions must hold true:

• The value of 22 GLOUCESTERSHIRE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 1997 sale price of £59,950 represented a fair market value for the property.
• The size, condition, and specification of 22 GLOUCESTERSHIRE DRIVE has not materially changed since October 1997.

How Large is 22 GLOUCESTERSHIRE DRIVE?

22 GLOUCESTERSHIRE DRIVE is 62m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 22 GLOUCESTERSHIRE DRIVE lies on this distribution: 2% of detached houses houses are smaller than 22 GLOUCESTERSHIRE DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Durham.

22 GLOUCESTERSHIRE DRIVE: Plot and Title Map

22 GLOUCESTERSHIRE DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 22 GLOUCESTERSHIRE DRIVE, 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 22 GLOUCESTERSHIRE DRIVE). 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 22 GLOUCESTERSHIRE DRIVE?

22 GLOUCESTERSHIRE DRIVE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 22 on GLOUCESTERSHIRE DRIVE.