42, OATLANDS WAY, DURHAM, DH1 5GL - £275,000

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

42 OATLANDS WAY is a small detached house of 112m², built sometime between 1996 and 2002. It was last sold for £275,000 in July 2015, which was around 70% above the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

42 OATLANDS WAY Sold Prices

Land registry data shows two sales for 42 OATLANDS WAY 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 42 OATLANDS 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
2015 2 JUL	£275,000	£161,714	70% above HPI
1997 21 APR	£96,000	£66,926	43% above HPI

42 OATLANDS WAY 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 42 OATLANDS WAY sales from April 1997 and July 2015 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 1997 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2015 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 42 OATLANDS WAY?

42 OATLANDS WAY is 112m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 42 OATLANDS WAY lies on this distribution: 32% of detached houses are smaller than 42 OATLANDS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Durham.

42 OATLANDS WAY: Plot and Title Map

42 OATLANDS WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 42 OATLANDS 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 42 OATLANDS 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 42 OATLANDS WAY?

42 OATLANDS WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 42 on OATLANDS WAY.