ORIBI, POTTERS BANK, DURHAM, DH1 3RR - £1,150,000

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

ORIBI is a very large extended detached house of 353m², built sometime between 1996 and 2002. It was last sold for £1,150,000 in September 2022, which was around 438% above the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

ORIBI Sold Prices

Land registry data shows two sales for ORIBI 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 ORIBI 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 15 SEP	£1,150,000	£213,667	438% above HPI
2006 15 DEC	£597,000	£183,161	226% above HPI

ORIBI 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 ORIBI sales from December 2006 and September 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 December 2006 sale was for 226% above the HPI. So the extrapolation line tracks at 226% above the HPI over time, until the September 2022 sale, where it rises to 438% above the HPI. The line then continues to track at 438% above the HPI.

How Large is ORIBI?

ORIBI is 353m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 ORIBI lies on this distribution: 99% of detached houses are smaller than ORIBI, and 1% of houses are larger. Note that EPC data is not available for all properties in Durham.

ORIBI: Plot and Title Map

ORIBI sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of ORIBI, 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 ORIBI). 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 ORIBI?

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