38, EAST VIEW, WHEATLEY HILL, DURHAM, DH6 3LF - £145,000

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

38 EAST VIEW is a very large detached house of 144m², built sometime between 1930 and 1949, which could now be worth an estimated £206,211. It was last sold for £145,000 in November 2015, which was around 12% below the average November 2015 detached price in the County Durham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

38 EAST VIEW Sold Prices

Land registry data shows three sales for 38 EAST VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the three 38 EAST VIEW sales was for below the average price, whilst two 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
2015 20 NOV	£145,000	£164,949	12% below HPI
2006 9 JUN	£230,000	£184,534	25% above HPI
2003 13 FEB	£130,500	£107,034	22% above HPI

38 EAST VIEW 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 three 38 EAST VIEW sales between February 2003 and November 2015 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 June 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 EAST VIEW be worth now?

38 EAST VIEW might now be worth an estimated £206,211.

This is based on house price inflation of 42.2%, between November 2015 and December 2024, 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 42.2% inflationary increase is applied to the most recent sale price for 38 EAST VIEW of £145,000 on 20th November 2015. For the value to have increased from £145,000 to £206,211 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 38 EAST VIEW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2015 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 38 EAST VIEW has not materially changed since November 2015.

How Large is 38 EAST VIEW?

38 EAST VIEW is 144m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wheatley Hill, and where 38 EAST VIEW lies on this distribution: 90% of detached houses houses are smaller than 38 EAST VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

38 EAST VIEW: Plot and Title Map

38 EAST VIEW sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 38 EAST VIEW, 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 38 EAST VIEW). 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 38 EAST VIEW?

38 EAST VIEW is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 38 on EAST VIEW.