28, OATLANDS WAY, DURHAM, DH1 5GL - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 OATLANDS WAY is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £335,000 in September 2023, which was around 60% above the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

28 OATLANDS WAY Sold Prices

Land registry data shows three sales for 28 OATLANDS WAY 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 28 OATLANDS WAY 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 SEP	£335,000	£209,844	60% above HPI
2003 28 FEB	£185,000	£104,124	78% above HPI
1999 1 SEP	£100,000	£77,126	30% above HPI

28 OATLANDS WAY 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 28 OATLANDS WAY sales between September 1999 and September 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 February 2003 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2023 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 28 OATLANDS WAY?

28 OATLANDS WAY is 104m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 28 OATLANDS WAY lies on this distribution: 25% of detached houses are smaller than 28 OATLANDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Durham.

28 OATLANDS WAY: Plot and Title Map

28 OATLANDS WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 28 OATLANDS WAY, 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 28 OATLANDS WAY). 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 28 OATLANDS WAY?

28 OATLANDS WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 28 on OATLANDS WAY.