54, RAMSAY DRIVE, FERRYHILL, DL17 8PX - £169,950

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.

54 RAMSAY DRIVE is a large detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £229,323. It was last sold for £169,950 in July 2018, which was around 3% below the average July 2018 detached price in the County Durham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

54 RAMSAY DRIVE Sold Prices

Land registry data shows three sales for 54 RAMSAY 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 54 RAMSAY 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
2018 12 JUL	£169,950	£175,020	3% below HPI
2012 15 JUN	£150,000	£164,109	9% below HPI
2001 16 NOV	£83,000	£89,290	7% below HPI

54 RAMSAY 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 54 RAMSAY DRIVE sales between November 2001 and July 2018 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 June 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 54 RAMSAY DRIVE be worth now?

54 RAMSAY DRIVE might now be worth an estimated £229,323.

This is based on house price inflation of 34.9%, between July 2018 and February 2025, for 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 34.9% inflationary increase is applied to the most recent sale price for 54 RAMSAY DRIVE of £169,950 on 12th July 2018. For the value to have increased from £169,950 to £229,323 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 54 RAMSAY DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2018 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 54 RAMSAY DRIVE has not materially changed since July 2018.

How Large is 54 RAMSAY DRIVE?

54 RAMSAY DRIVE is 117m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Ferryhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferryhill, and where 54 RAMSAY DRIVE lies on this distribution: 65% of detached houses houses are smaller than 54 RAMSAY DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

54 RAMSAY DRIVE: Plot and Title Map

54 RAMSAY DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 54 RAMSAY 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 54 RAMSAY 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 54 RAMSAY DRIVE?

54 RAMSAY DRIVE is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 54 on RAMSAY DRIVE.