8, SURTEES DRIVE, DURHAM, DH1 4AR - £341,500

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.

8 SURTEES DRIVE is a large extended detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £471,982. It was last sold for £341,500 in February 2020, which was around 100% above the average February 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.

8 SURTEES DRIVE Sold Prices

Land registry data shows two sales for 8 SURTEES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 8 SURTEES DRIVE 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
2020 28 FEB	£341,500	£170,875	100% above HPI
2006 2 JUN	£215,000	£184,534	17% above HPI

8 SURTEES 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 two 8 SURTEES DRIVE sales from June 2006 and February 2020 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 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2020 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 8 SURTEES DRIVE be worth now?

8 SURTEES DRIVE might now be worth an estimated £471,982.

This is based on house price inflation of 38.2%, between February 2020 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 38.2% inflationary increase is applied to the most recent sale price for 8 SURTEES DRIVE of £341,500 on 28th February 2020. For the value to have increased from £341,500 to £471,982 over the five years to February 2025, the following assumptions must hold true:

• The value of 8 SURTEES DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2020 sale price of £341,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SURTEES DRIVE has not materially changed since February 2020.

How Large is 8 SURTEES DRIVE?

8 SURTEES DRIVE is 145m², which includes two extensions, according to the EPC inspection conducted in March 2015. 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 8 SURTEES DRIVE lies on this distribution: 64% of detached houses houses are smaller than 8 SURTEES DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Durham.

8 SURTEES DRIVE: Plot and Title Map

8 SURTEES DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 SURTEES 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 8 SURTEES 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 8 SURTEES DRIVE?

8 SURTEES DRIVE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 8 on SURTEES DRIVE.