38, RICHARDBY CRESCENT, DURHAM, DH1 3TY - £495,000

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 RICHARDBY CRESCENT is a large detached house of 169m², which could now be worth an estimated £684,051. It was last sold for £495,000 in May 2018, which was around 192% above the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

38 RICHARDBY CRESCENT Sold Prices

Land registry data shows two sales for 38 RICHARDBY CRESCENT 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 38 RICHARDBY CRESCENT 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 8 MAY	£495,000	£169,750	192% above HPI
2016 13 MAY	£475,000	£163,912	190% above HPI

38 RICHARDBY CRESCENT 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 38 RICHARDBY CRESCENT sales from May 2016 and May 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 May 2016 sale was for 190% above the HPI. So the extrapolation line tracks at 190% above the HPI over time, until the May 2018 sale, where it rises to 192% above the HPI. The line then continues to track at 192% above the HPI.

What might 38 RICHARDBY CRESCENT be worth now?

38 RICHARDBY CRESCENT might now be worth an estimated £684,051.

This is based on house price inflation of 38.2%, between May 2018 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 38.2% inflationary increase is applied to the most recent sale price for 38 RICHARDBY CRESCENT of £495,000 on 8th May 2018. For the value to have increased from £495,000 to £684,051 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 38 RICHARDBY CRESCENT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2018 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 38 RICHARDBY CRESCENT has not materially changed since May 2018.

How Large is 38 RICHARDBY CRESCENT?

38 RICHARDBY CRESCENT is 169m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% 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 38 RICHARDBY CRESCENT lies on this distribution: 78% of detached houses houses are smaller than 38 RICHARDBY CRESCENT, and 21% of houses are larger. Note that EPC data is not available for all properties in Durham.

38 RICHARDBY CRESCENT: Plot and Title Map

38 RICHARDBY CRESCENT sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 38 RICHARDBY CRESCENT, 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 RICHARDBY CRESCENT). 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 RICHARDBY CRESCENT?

38 RICHARDBY CRESCENT is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 38 on RICHARDBY CRESCENT.