FAIRWAY HOUSE, DURHAM ROAD, WHEATLEY HILL, DURHAM, DH6 3LJ - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRWAY HOUSE is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £220,000 in January 2022, which was around 12% above the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

FAIRWAY HOUSE Sold Prices

Land registry data shows three sales for FAIRWAY HOUSE 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. Two of the three FAIRWAY HOUSE sales were for above the average price, whilst one was 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
2022 14 JAN	£220,000	£195,618	12% above HPI
2002 25 MAY	£115,000	£89,614	28% above HPI
1999 22 OCT	£75,000	£77,409	3% below HPI

FAIRWAY HOUSE 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 FAIRWAY HOUSE sales between October 1999 and January 2022 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 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is FAIRWAY HOUSE?

FAIRWAY HOUSE is 125m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Wheatley Hill, and where FAIRWAY HOUSE lies on this distribution: 78% of detached houses are smaller than FAIRWAY HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

FAIRWAY HOUSE: Plot and Title Map

FAIRWAY HOUSE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of FAIRWAY HOUSE, 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 FAIRWAY HOUSE). 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 FAIRWAY HOUSE?

FAIRWAY HOUSE is located on DURHAM ROAD in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of FAIRWAY HOUSE on DURHAM ROAD.