4, RICHMOND DRIVE, WOODSTONE VILLAGE, HOUGHTON LE SPRING, DH4 6TY - £172,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 RICHMOND DRIVE is a very small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £172,500 in January 2019, which was around 5% above the average January 2019 detached price in the County Durham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

4 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 4 RICHMOND DRIVE 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. All of the three 4 RICHMOND DRIVE 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
2019 25 JAN	£172,500	£164,649	5% above HPI
2004 19 MAR	£168,000	£128,220	31% above HPI
2001 16 MAR	£86,950	£78,645	11% above HPI

4 RICHMOND DRIVE 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 4 RICHMOND DRIVE sales between March 2001 and January 2019 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 March 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 RICHMOND DRIVE?

4 RICHMOND DRIVE is 89m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Woodstone Village, based on EPC data. The below chart shows the distribution of detached houses by size in Woodstone Village, and where 4 RICHMOND DRIVE lies on this distribution: 9% of detached houses are smaller than 4 RICHMOND DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Woodstone Village.

4 RICHMOND DRIVE: Plot and Title Map

4 RICHMOND DRIVE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 4 RICHMOND DRIVE, 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 RICHMOND DRIVE). 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 RICHMOND DRIVE?

4 RICHMOND DRIVE is located in WOODSTONE VILLAGE, in the DH4 postcode district. The below map shows the position of No. 4 on RICHMOND DRIVE.