HIGHWAY, ELVET MOOR, DURHAM, DH1 3PR - £560,000

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

HIGHWAY is a midsized extended detached house of 131m², built sometime between 1900 and 1929, which could now be worth an estimated £604,874. It was last sold for £560,000 in December 2023, which was around 158% above the average December 2023 detached price in the County Durham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

HIGHWAY Sold Prices

Land registry data shows three sales for HIGHWAY 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 HIGHWAY 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 1 DEC	£560,000	£217,178	158% above HPI
2022 14 JAN	£515,000	£201,085	156% above HPI
2013 29 JAN	£367,500	£163,239	125% above HPI

HIGHWAY 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 HIGHWAY sales between January 2013 and December 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 January 2022 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the December 2023 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

What might HIGHWAY be worth now?

HIGHWAY might now be worth an estimated £604,874.

This is based on house price inflation of 8%, between December 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 8% inflationary increase is applied to the most recent sale price for HIGHWAY of £560,000 on 1st December 2023. For the value to have increased from £560,000 to £604,874 over the one year to December 2024, the following assumptions must hold true:

• The value of HIGHWAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2023 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHWAY has not materially changed since December 2023.

How Large is HIGHWAY?

HIGHWAY is 131m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 50% 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 HIGHWAY lies on this distribution: 52% of detached houses houses are smaller than HIGHWAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Durham.

HIGHWAY: Plot and Title Map

HIGHWAY sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of HIGHWAY, 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 HIGHWAY). 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 HIGHWAY?

HIGHWAY is located on ELVET MOOR in DURHAM, in the DH1 postcode district. The below map shows the position of HIGHWAY on ELVET MOOR.