31, OATLANDS WAY, DURHAM, DH1 5GL - £92,500

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

31 OATLANDS WAY is a midsized extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £267,792. It was last sold for £92,500 in May 2001, which was around 13% above the average May 2001 detached price in the County Durham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

31 OATLANDS WAY Sold Prices

Land registry data shows two sales for 31 OATLANDS WAY 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 31 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
2001 29 MAY	£92,500	£81,575	13% above HPI
1996 2 OCT	£80,000	£70,985	13% above HPI

31 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 two 31 OATLANDS WAY sales from October 1996 and May 2001 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 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2001 sale, which was also at 13% above the HPI.

What might 31 OATLANDS WAY be worth now?

31 OATLANDS WAY might now be worth an estimated £267,792.

This is based on house price inflation of 189.5%, between May 2001 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 189.5% inflationary increase is applied to the most recent sale price for 31 OATLANDS WAY of £92,500 on 29th May 2001. For the value to have increased from £92,500 to £267,792 over the 24 years and three months to February 2025, the following assumptions must hold true:

• The value of 31 OATLANDS WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2001 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 31 OATLANDS WAY has not materially changed since May 2001.

How Large is 31 OATLANDS WAY?

31 OATLANDS WAY is 122m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 31 OATLANDS WAY lies on this distribution: 43% of detached houses houses are smaller than 31 OATLANDS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Durham.

31 OATLANDS WAY: Plot and Title Map

31 OATLANDS WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 31 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 31 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 31 OATLANDS WAY?

31 OATLANDS WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 31 on OATLANDS WAY.