7, CORRIEDALE CLOSE, PITY ME, DURHAM, DH1 5GY - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CORRIEDALE CLOSE is a large extended detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £504,319. It was last sold for £450,000 in June 2023, which was around 115% above the average June 2023 detached price in the County Durham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

7 CORRIEDALE CLOSE Sold Prices

Land registry data shows three sales for 7 CORRIEDALE CLOSE 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 7 CORRIEDALE CLOSE 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
2023 15 JUN	£450,000	£209,315	115% above HPI
2007 18 MAY	£328,500	£188,648	74% above HPI
2003 5 SEP	£226,000	£124,253	82% above HPI

7 CORRIEDALE CLOSE 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 7 CORRIEDALE CLOSE sales between September 2003 and June 2023 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 May 2007 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2023 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 7 CORRIEDALE CLOSE be worth now?

7 CORRIEDALE CLOSE might now be worth an estimated £504,319.

This is based on house price inflation of 12.1%, between June 2023 and December 2024, 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 12.1% inflationary increase is applied to the most recent sale price for 7 CORRIEDALE CLOSE of £450,000 on 15th June 2023. For the value to have increased from £450,000 to £504,319 over the six months to December 2024, the following assumptions must hold true:

• The value of 7 CORRIEDALE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORRIEDALE CLOSE has not materially changed since June 2023.

How Large is 7 CORRIEDALE CLOSE?

7 CORRIEDALE CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% 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 7 CORRIEDALE CLOSE lies on this distribution: 68% of detached houses houses are smaller than 7 CORRIEDALE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Durham.

7 CORRIEDALE CLOSE: Plot and Title Map

7 CORRIEDALE CLOSE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 7 CORRIEDALE CLOSE, 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 7 CORRIEDALE CLOSE). 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 7 CORRIEDALE CLOSE?

7 CORRIEDALE CLOSE is located in PITY ME, in the DH1 postcode district. The below map shows the position of No. 7 on CORRIEDALE CLOSE.