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
47 WELBY DRIVE is a midsized extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £129,000 in January 2021, which was around 30% below the average January 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 47 WELBY DRIVE since 1st 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 47 WELBY 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 |
---|---|---|---|
2021 29 JAN | £129,000 | £184,130 | 30% below HPI |
2006 23 OCT | £124,950 | £182,933 | 32% below HPI |
2003 28 APR | £83,450 | £109,078 | 23% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 47 WELBY DRIVE sales between April 2003 and January 2021 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 October 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
47 WELBY DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of detached houses in Ushaw Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Ushaw Moor, and where 47 WELBY DRIVE lies on this distribution: 54% of detached houses are smaller than 47 WELBY DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ushaw Moor.
47 WELBY DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 47 WELBY 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 47 WELBY 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.
47 WELBY DRIVE is located in USHAW MOOR, in the DH7 postcode district. The below map shows the position of No. 47 on WELBY DRIVE.