24, GREEN LEA, WITTON GILBERT, DURHAM, DH7 6RJ - £72,000

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

24 GREEN LEA is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £83,933. It was last sold for £72,000 in July 2021, which was around 64% below the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

24 GREEN LEA Sold Prices

Land registry data shows two sales for 24 GREEN LEA 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 24 GREEN LEA 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
2021 22 JUL	£72,000	£201,230	64% below HPI
2008 9 OCT	£80,000	£189,550	58% below HPI

24 GREEN LEA 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 24 GREEN LEA sales from October 2008 and July 2021 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 October 2008 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2021 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might 24 GREEN LEA be worth now?

24 GREEN LEA might now be worth an estimated £83,933.

This is based on house price inflation of 16.6%, between July 2021 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 16.6% inflationary increase is applied to the most recent sale price for 24 GREEN LEA of £72,000 on 22nd July 2021. For the value to have increased from £72,000 to £83,933 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 24 GREEN LEA has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2021 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GREEN LEA has not materially changed since July 2021.

How Large is 24 GREEN LEA?

24 GREEN LEA is 72m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Witton Gilbert, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witton Gilbert, and where 24 GREEN LEA lies on this distribution: 6% of detached houses houses are smaller than 24 GREEN LEA, and 92% of houses are larger. Note that EPC data is not available for all properties in Witton Gilbert.

24 GREEN LEA: Plot and Title Map

24 GREEN LEA sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 24 GREEN LEA, 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 24 GREEN LEA). 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 24 GREEN LEA?

24 GREEN LEA is located in WITTON GILBERT, in the DH7 postcode district. The below map shows the position of No. 24 on GREEN LEA.