3, CHIPCHASE COURT, WOODSTONE VILLAGE, HOUGHTON LE SPRING, DH4 6TT - £265,000

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.

3 CHIPCHASE COURT is a large extended detached house of 135m², built sometime between 1996 and 2002, which could now be worth an estimated £367,644. It was last sold for £265,000 in June 2017, which was around 55% above the average June 2017 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 CHIPCHASE COURT Sold Prices

Land registry data shows two sales for 3 CHIPCHASE COURT 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 3 CHIPCHASE COURT 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
2017 16 JUN	£265,000	£170,671	55% above HPI
2000 27 OCT	£126,995	£82,804	53% above HPI

3 CHIPCHASE COURT 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 3 CHIPCHASE COURT sales from October 2000 and June 2017 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 2000 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2017 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 3 CHIPCHASE COURT be worth now?

3 CHIPCHASE COURT might now be worth an estimated £367,644.

This is based on house price inflation of 38.7%, between June 2017 and March 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 38.7% inflationary increase is applied to the most recent sale price for 3 CHIPCHASE COURT of £265,000 on 16th June 2017. For the value to have increased from £265,000 to £367,644 over the eight years and three months to March 2025, the following assumptions must hold true:

• The value of 3 CHIPCHASE COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHIPCHASE COURT has not materially changed since June 2017.

How Large is 3 CHIPCHASE COURT?

3 CHIPCHASE COURT is 135m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Woodstone Village, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodstone Village, and where 3 CHIPCHASE COURT lies on this distribution: 63% of detached houses houses are smaller than 3 CHIPCHASE COURT, and 36% of houses are larger. Note that EPC data is not available for all properties in Woodstone Village.

3 CHIPCHASE COURT: Plot and Title Map

3 CHIPCHASE COURT sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 CHIPCHASE COURT, 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 CHIPCHASE COURT). 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 CHIPCHASE COURT?

3 CHIPCHASE COURT is located in WOODSTONE VILLAGE, in the DH4 postcode district. The below map shows the position of No. 3 on CHIPCHASE COURT.