CHADGATE, LOWES BARN BANK, DURHAM, DH1 3QJ - £345,000

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.

CHADGATE is a small extended semi-detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £463,262. It was last sold for £345,000 in October 2019, which was around 240% above the average October 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

CHADGATE Sold Prices

Land registry data shows two sales for CHADGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two CHADGATE 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
2019 18 OCT	£345,000	£101,401	240% above HPI
2012 31 JAN	£230,000	£96,015	140% above HPI

CHADGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two CHADGATE sales from January 2012 and October 2019 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 January 2012 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the October 2019 sale, where it rises to 240% above the HPI. The line then continues to track at 240% above the HPI.

What might CHADGATE be worth now?

CHADGATE might now be worth an estimated £463,262.

This is based on house price inflation of 34.3%, between October 2019 and February 2025, for semi-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 34.3% inflationary increase is applied to the most recent sale price for CHADGATE of £345,000 on 18th October 2019. For the value to have increased from £345,000 to £463,262 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of CHADGATE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of CHADGATE has not materially changed since October 2019.

How Large is CHADGATE?

CHADGATE is 118m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of semi-detached houses houses in Durham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Durham, and where CHADGATE lies on this distribution: 40% of semi-detached houses houses are smaller than CHADGATE, and 60% of houses are larger. Note that EPC data is not available for all properties in Durham.

CHADGATE: Plot and Title Map

CHADGATE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of CHADGATE, 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 CHADGATE). 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 CHADGATE?

CHADGATE is located on LOWES BARN BANK in DURHAM, in the DH1 postcode district. The below map shows the position of CHADGATE on LOWES BARN BANK.