THE GLADE, COACH LANE, WITTON GILBERT, DURHAM, DH7 6SX - £375,000

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

THE GLADE is a large detached house of 145m², built sometime between 1976 and 1982. It was last sold for £375,000 in October 2020, which was around 114% above the average October 2020 detached price in the County Durham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

THE GLADE Sold Prices

Land registry data shows two sales for THE GLADE 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 THE GLADE 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
2020 2 OCT	£375,000	£175,528	114% above HPI
2004 2 SEP	£335,500	£155,060	116% above HPI

THE GLADE 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 THE GLADE sales from September 2004 and October 2020 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 September 2004 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the October 2020 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is THE GLADE?

THE GLADE is 145m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses in Witton Gilbert, based on EPC data. The below chart shows the distribution of detached houses by size in Witton Gilbert, and where THE GLADE lies on this distribution: 78% of detached houses are smaller than THE GLADE, and 22% of houses are larger. Note that EPC data is not available for all properties in Witton Gilbert.

THE GLADE: Plot and Title Map

THE GLADE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of THE GLADE, 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 THE GLADE). 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 THE GLADE?

THE GLADE is located on COACH LANE in WITTON GILBERT, in the DH7 postcode district. The below map shows the position of THE GLADE on COACH LANE.