4, MILL RACE, WOLSINGHAM, BISHOP AUCKLAND, DL13 3BW - £249,995

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.

4 MILL RACE is a midsized detached house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £345,980. It was last sold for £249,995 in September 2011, which was around 47% above the average September 2011 detached price in the County Durham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

4 MILL RACE Sold Prices

Land registry data shows two sales for 4 MILL RACE 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 4 MILL RACE 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
2011 13 SEP	£249,995	£170,645	47% above HPI
2006 7 APR	£237,500	£180,021	32% above HPI

4 MILL RACE 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 4 MILL RACE sales from April 2006 and September 2011 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 April 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2011 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 4 MILL RACE be worth now?

4 MILL RACE might now be worth an estimated £345,980.

This is based on house price inflation of 38.4%, between September 2011 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 38.4% inflationary increase is applied to the most recent sale price for 4 MILL RACE of £249,995 on 13th September 2011. For the value to have increased from £249,995 to £345,980 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 MILL RACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2011 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL RACE has not materially changed since September 2011.

How Large is 4 MILL RACE?

4 MILL RACE is 116m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses houses in Wolsingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolsingham, and where 4 MILL RACE lies on this distribution: 43% of detached houses houses are smaller than 4 MILL RACE, and 57% of houses are larger. Note that EPC data is not available for all properties in Wolsingham.

4 MILL RACE: Plot and Title Map

4 MILL RACE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 4 MILL RACE, 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 4 MILL RACE). 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 4 MILL RACE?

4 MILL RACE is located in WOLSINGHAM, in the DL13 postcode district. The below map shows the position of No. 4 on MILL RACE.