3, CHERRYTREE DRIVE, LANGLEY PARK, DURHAM, DH7 9FX - £162,500

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

3 CHERRYTREE DRIVE is a very small extended detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £228,890. It was last sold for £162,500 in November 2016, which was around 3% below the average November 2016 detached price in the County Durham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

3 CHERRYTREE DRIVE Sold Prices

Land registry data shows four sales for 3 CHERRYTREE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 3 CHERRYTREE 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
2016 11 NOV	£162,500	£167,664	3% below HPI
2000 25 AUG	£71,500	£85,128	16% below HPI
1999 23 DEC	£92,995	£80,192	16% above HPI
1998 26 JUN	£66,995	£73,736	9% below HPI

3 CHERRYTREE 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 four 3 CHERRYTREE DRIVE sales between June 1998 and November 2016 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 August 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 CHERRYTREE DRIVE be worth now?

3 CHERRYTREE DRIVE might now be worth an estimated £228,890.

This is based on house price inflation of 40.9%, between November 2016 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 40.9% inflationary increase is applied to the most recent sale price for 3 CHERRYTREE DRIVE of £162,500 on 11th November 2016. For the value to have increased from £162,500 to £228,890 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 CHERRYTREE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2016 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRYTREE DRIVE has not materially changed since November 2016.

How Large is 3 CHERRYTREE DRIVE?

3 CHERRYTREE DRIVE is 82m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Langley Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langley Park, and where 3 CHERRYTREE DRIVE lies on this distribution: 14% of detached houses houses are smaller than 3 CHERRYTREE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Langley Park.

3 CHERRYTREE DRIVE: Plot and Title Map

3 CHERRYTREE DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 3 CHERRYTREE 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 3 CHERRYTREE 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 3 CHERRYTREE DRIVE?

3 CHERRYTREE DRIVE is located in LANGLEY PARK, in the DH7 postcode district. The below map shows the position of No. 3 on CHERRYTREE DRIVE.