40, PRIMROSE DRIVE, SHILDON, DL4 2JQ - £92,500

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.

40 PRIMROSE DRIVE is a very small semi-detached house of 56m², built sometime from 2007 onwards, which could now be worth an estimated £118,314. It was last sold for £92,500 in December 2020, which was around 13% below the average December 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was B, and the potential energy rating was B.

40 PRIMROSE DRIVE Sold Prices

Land registry data shows three sales for 40 PRIMROSE DRIVE 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 40 PRIMROSE DRIVE sales were for below 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
2020 18 DEC	£92,500	£106,452	13% below HPI
2012 24 JAN	£75,000	£96,015	22% below HPI
2007 16 MAR	£92,995	£109,577	15% below HPI

40 PRIMROSE DRIVE 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 40 PRIMROSE DRIVE sales between March 2007 and December 2020 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 January 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 40 PRIMROSE DRIVE be worth now?

40 PRIMROSE DRIVE might now be worth an estimated £118,314.

This is based on house price inflation of 27.9%, between December 2020 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 27.9% inflationary increase is applied to the most recent sale price for 40 PRIMROSE DRIVE of £92,500 on 18th December 2020. For the value to have increased from £92,500 to £118,314 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 40 PRIMROSE DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The December 2020 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 40 PRIMROSE DRIVE has not materially changed since December 2020.

How Large is 40 PRIMROSE DRIVE?

40 PRIMROSE DRIVE is 56m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Shildon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shildon, and where 40 PRIMROSE DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 40 PRIMROSE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shildon.

40 PRIMROSE DRIVE: Plot and Title Map

40 PRIMROSE DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 40 PRIMROSE 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 40 PRIMROSE 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 40 PRIMROSE DRIVE?

40 PRIMROSE DRIVE is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 40 on PRIMROSE DRIVE.