RED GABLES, BROWNEY LANE, BROWNEY, DURHAM, DH7 8HU - £227,500

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

RED GABLES is a very large extended detached house of 205m², built sometime between 1976 and 1982, which could now be worth an estimated £322,308. It was last sold for £227,500 in October 2015, which was around 37% above the average October 2015 detached price in the County Durham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.

RED GABLES Sold Prices

Land registry data shows three sales for RED GABLES 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 RED GABLES 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
2015 15 OCT	£227,500	£165,578	37% above HPI
2001 26 JAN	£145,000	£82,631	75% above HPI
1997 21 NOV	£121,500	£72,143	68% above HPI

RED GABLES 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 RED GABLES sales between November 1997 and October 2015 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 2001 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the October 2015 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might RED GABLES be worth now?

RED GABLES might now be worth an estimated £322,308.

This is based on house price inflation of 41.7%, between October 2015 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 41.7% inflationary increase is applied to the most recent sale price for RED GABLES of £227,500 on 15th October 2015. For the value to have increased from £227,500 to £322,308 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of RED GABLES has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2015 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of RED GABLES has not materially changed since October 2015.

How Large is RED GABLES?

RED GABLES is 205m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses houses in Meadowfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Meadowfield, and where RED GABLES lies on this distribution: 98% of detached houses houses are smaller than RED GABLES, and 2% of houses are larger. Note that EPC data is not available for all properties in Meadowfield.

RED GABLES: Plot and Title Map

RED GABLES sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of RED GABLES, 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 RED GABLES). 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 RED GABLES?

RED GABLES is located on BROWNEY LANE in BROWNEY, in the DH7 postcode district. The below map shows the position of RED GABLES on BROWNEY LANE.