31, GRESLEY DRIVE, SHILDON, DL4 2GH - £199,950

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

31 GRESLEY DRIVE is a midsized detached house of 102m². It was last sold for £199,950 in February 2023, which was around 5% below the average February 2023 detached price in the County Durham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

31 GRESLEY DRIVE Sold Prices

Land registry data shows two sales for 31 GRESLEY DRIVE 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. One of the two 31 GRESLEY DRIVE sales was for below the average price, whilst the other was 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 3 FEB	£199,950	£210,964	5% below HPI
2016 31 MAR	£169,950	£160,653	6% above HPI

31 GRESLEY 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 two 31 GRESLEY DRIVE sales from March 2016 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 March 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 31 GRESLEY DRIVE?

31 GRESLEY DRIVE is 102m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Shildon, based on EPC data. The below chart shows the distribution of detached houses by size in Shildon, and where 31 GRESLEY DRIVE lies on this distribution: 41% of detached houses are smaller than 31 GRESLEY DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Shildon.

31 GRESLEY DRIVE: Plot and Title Map

31 GRESLEY DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 31 GRESLEY 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 31 GRESLEY 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 31 GRESLEY DRIVE?

31 GRESLEY DRIVE is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 31 on GRESLEY DRIVE.