6, OLIVER PLACE, DURHAM, DH1 3QS - £335,000

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.

6 OLIVER PLACE is a large detached house of 158m², built sometime between 1983 and 1990, which could now be worth an estimated £460,764. It was last sold for £335,000 in January 2011, which was around 95% above the average January 2011 detached price in the County Durham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

6 OLIVER PLACE Sold Prices

Land registry data shows five sales for 6 OLIVER PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 6 OLIVER PLACE 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
2011 21 JAN	£335,000	£171,704	95% above HPI
2008 4 APR	£305,000	£194,471	57% above HPI
2003 17 APR	£240,000	£112,126	114% above HPI
2002 28 JUN	£100,000	£93,827	7% above HPI
1995 25 SEP	£114,000	£67,275	69% above HPI

6 OLIVER PLACE 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 five 6 OLIVER PLACE sales between September 1995 and January 2011 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 2008 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the January 2011 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 6 OLIVER PLACE be worth now?

6 OLIVER PLACE might now be worth an estimated £460,764.

This is based on house price inflation of 37.5%, between January 2011 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 37.5% inflationary increase is applied to the most recent sale price for 6 OLIVER PLACE of £335,000 on 21st January 2011. For the value to have increased from £335,000 to £460,764 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 6 OLIVER PLACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2011 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OLIVER PLACE has not materially changed since January 2011.

How Large is 6 OLIVER PLACE?

6 OLIVER PLACE is 158m² according to the EPC inspection conducted in August 2010. This puts it in the largest 30% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 6 OLIVER PLACE lies on this distribution: 71% of detached houses houses are smaller than 6 OLIVER PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Durham.

6 OLIVER PLACE: Plot and Title Map

6 OLIVER PLACE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 6 OLIVER PLACE, 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 6 OLIVER PLACE). 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 6 OLIVER PLACE?

6 OLIVER PLACE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 6 on OLIVER PLACE.