38, GRANGE WAY, BOWBURN, DURHAM, DH6 5PN - £127,000

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.

38 GRANGE WAY is a very small extended semi-detached house of 79m², built sometime from 2012 onwards, which could now be worth an estimated £170,155. It was last sold for £127,000 in October 2018, which was around 25% above the average October 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

38 GRANGE WAY Sold Prices

Land registry data shows three sales for 38 GRANGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 38 GRANGE 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
2018 12 OCT	£127,000	£101,627	25% above HPI
2017 24 NOV	£130,000	£99,640	30% above HPI
2014 16 SEP	£139,950	£93,951	49% above HPI

38 GRANGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 38 GRANGE WAY sales between September 2014 and October 2018 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 November 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 38 GRANGE WAY be worth now?

38 GRANGE WAY might now be worth an estimated £170,155.

This is based on house price inflation of 34%, between October 2018 and February 2025, for semi-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 34% inflationary increase is applied to the most recent sale price for 38 GRANGE WAY of £127,000 on 12th October 2018. For the value to have increased from £127,000 to £170,155 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 GRANGE WAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2018 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GRANGE WAY has not materially changed since October 2018.

How Large is 38 GRANGE WAY?

38 GRANGE WAY is 79m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of semi-detached houses houses in Bowburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bowburn, and where 38 GRANGE WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 38 GRANGE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

38 GRANGE WAY: Plot and Title Map

38 GRANGE WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 38 GRANGE 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 38 GRANGE 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 38 GRANGE WAY?

38 GRANGE WAY is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 38 on GRANGE WAY.