23, SPRINGWELL ROAD, DURHAM, DH1 4LR - £500,000

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.

23 SPRINGWELL ROAD is a very large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £544,510. It was last sold for £500,000 in February 2023, which was around 131% above the average February 2023 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.

23 SPRINGWELL ROAD Sold Prices

Land registry data shows two sales for 23 SPRINGWELL ROAD 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 23 SPRINGWELL ROAD 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
2023 22 FEB	£500,000	£216,859	131% above HPI
1995 26 MAY	£151,000	£66,779	126% above HPI

23 SPRINGWELL ROAD 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 23 SPRINGWELL ROAD sales from May 1995 and February 2023 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 May 1995 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the February 2023 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might 23 SPRINGWELL ROAD be worth now?

23 SPRINGWELL ROAD might now be worth an estimated £544,510.

This is based on house price inflation of 8.9%, between February 2023 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 8.9% inflationary increase is applied to the most recent sale price for 23 SPRINGWELL ROAD of £500,000 on 22nd February 2023. For the value to have increased from £500,000 to £544,510 over the two years to February 2025, the following assumptions must hold true:

• The value of 23 SPRINGWELL ROAD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRINGWELL ROAD has not materially changed since February 2023.

How Large is 23 SPRINGWELL ROAD?

23 SPRINGWELL ROAD is 177m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% 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 23 SPRINGWELL ROAD lies on this distribution: 81% of detached houses houses are smaller than 23 SPRINGWELL ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Durham.

23 SPRINGWELL ROAD: Plot and Title Map

23 SPRINGWELL ROAD sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 23 SPRINGWELL ROAD, 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 23 SPRINGWELL ROAD). 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 23 SPRINGWELL ROAD?

23 SPRINGWELL ROAD is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 23 on SPRINGWELL ROAD.