34, WOODLANDS, OUSTON, CHESTER LE STREET, DH2 1TP - £225,000

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.

34 WOODLANDS is a very small detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £284,693. It was last sold for £225,000 in December 2020, which was around 21% above the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

34 WOODLANDS Sold Prices

Land registry data shows two sales for 34 WOODLANDS 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 34 WOODLANDS 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
2020 18 DEC	£225,000	£186,646	21% above HPI
2005 15 FEB	£178,000	£166,051	7% above HPI

34 WOODLANDS 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 34 WOODLANDS sales from February 2005 and December 2020 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 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 34 WOODLANDS be worth now?

34 WOODLANDS might now be worth an estimated £284,693.

This is based on house price inflation of 26.5%, between December 2020 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 26.5% inflationary increase is applied to the most recent sale price for 34 WOODLANDS of £225,000 on 18th December 2020. For the value to have increased from £225,000 to £284,693 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 34 WOODLANDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WOODLANDS has not materially changed since December 2020.

How Large is 34 WOODLANDS?

34 WOODLANDS is 84m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Ouston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ouston, and where 34 WOODLANDS lies on this distribution: 11% of detached houses houses are smaller than 34 WOODLANDS, and 89% of houses are larger. Note that EPC data is not available for all properties in Ouston.

34 WOODLANDS: Plot and Title Map

34 WOODLANDS sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 34 WOODLANDS, 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 34 WOODLANDS). 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 34 WOODLANDS?

34 WOODLANDS is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 34 on WOODLANDS.