LONGRIDGE, POTTERS BANK, DURHAM, DH1 3RR - £960,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LONGRIDGE is a very large detached house of 326m², built sometime between 1996 and 2002. It was last sold for £960,000 in February 2022, which was around 387% above the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

LONGRIDGE Sold Prices

Land registry data shows two sales for LONGRIDGE 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 LONGRIDGE 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
2022 10 FEB	£960,000	£196,925	387% above HPI
1999 22 OCT	£185,000	£77,409	139% above HPI

LONGRIDGE 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 LONGRIDGE sales from October 1999 and February 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 October 1999 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the February 2022 sale, where it rises to 387% above the HPI. The line then continues to track at 387% above the HPI.

How Large is LONGRIDGE?

LONGRIDGE is 326m² according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where LONGRIDGE lies on this distribution: 99% of detached houses are smaller than LONGRIDGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Durham.

LONGRIDGE: Plot and Title Map

LONGRIDGE sits on a plot of roughly 0.322 of an acre, or 1,305m². The below map shows the location of LONGRIDGE, 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 LONGRIDGE). 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 LONGRIDGE?

LONGRIDGE is located on POTTERS BANK in DURHAM, in the DH1 postcode district. The below map shows the position of LONGRIDGE on POTTERS BANK.