48, RICHMOND DRIVE, WOODSTONE VILLAGE, HOUGHTON LE SPRING, DH4 6TY - £168,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 RICHMOND DRIVE is a very small semi-detached house of 90m², built sometime between 2003 and 2006. It was last sold for £168,000 in February 2021, which was around 9% below the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

48 RICHMOND DRIVE Sold Prices

Land registry data shows four sales for 48 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. two of the four 48 RICHMOND DRIVE sales were for below the average price, and four 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
2021 1 FEB	£168,000	£184,914	9% below HPI
2004 5 APR	£142,500	£130,963	9% above HPI
2003 28 FEB	£117,000	£104,124	12% above HPI
2000 26 MAY	£72,500	£78,420	8% below HPI

48 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 four 48 RICHMOND DRIVE sales between May 2000 and February 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 April 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 RICHMOND DRIVE?

48 RICHMOND DRIVE is 90m² according to the EPC inspection conducted in May 2012. 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 48 RICHMOND DRIVE lies on this distribution: 10% of detached houses are smaller than 48 RICHMOND DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Woodstone Village.

48 RICHMOND DRIVE: Plot and Title Map

48 RICHMOND DRIVE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 48 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 48 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 48 RICHMOND DRIVE?

48 RICHMOND DRIVE is located in WOODSTONE VILLAGE, in the DH4 postcode district. The below map shows the position of No. 48 on RICHMOND DRIVE.