HEATHER RIDGE, CRAGHEAD ROAD, PELTON FELL, CHESTER LE STREET, DH2 2NU - £375,000

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.

HEATHER RIDGE is a very large detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £444,345. It was last sold for £375,000 in June 2021, which was around 88% above the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

HEATHER RIDGE Sold Prices

Land registry data shows two sales for HEATHER RIDGE 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 HEATHER RIDGE 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
2021 30 JUN	£375,000	£199,308	88% above HPI
2012 26 NOV	£240,000	£167,080	44% above HPI

HEATHER RIDGE 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 HEATHER RIDGE sales from November 2012 and June 2021 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 November 2012 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2021 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might HEATHER RIDGE be worth now?

HEATHER RIDGE might now be worth an estimated £444,345.

This is based on house price inflation of 18.5%, between June 2021 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 18.5% inflationary increase is applied to the most recent sale price for HEATHER RIDGE of £375,000 on 30th June 2021. For the value to have increased from £375,000 to £444,345 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of HEATHER RIDGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHER RIDGE has not materially changed since June 2021.

How Large is HEATHER RIDGE?

HEATHER RIDGE is 128m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses houses in Whitehill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitehill, and where HEATHER RIDGE lies on this distribution: 80% of detached houses houses are smaller than HEATHER RIDGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Whitehill.

HEATHER RIDGE: Plot and Title Map

HEATHER RIDGE sits on a plot of roughly 0.431 of an acre, or 1,743m². The below map shows the location of HEATHER RIDGE, 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 HEATHER RIDGE). 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 HEATHER RIDGE?

HEATHER RIDGE is located on CRAGHEAD ROAD in PELTON FELL, in the DH2 postcode district. The below map shows the position of HEATHER RIDGE on CRAGHEAD ROAD.