WOODHEY, POTTERS BANK, DURHAM, DH1 3RR - £675,000

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

WOODHEY is a very large extended detached house of 288m², built sometime between 1976 and 1982. It was last sold for £675,000 in August 2014, which was around 321% above the average August 2014 detached price in the County Durham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

WOODHEY Sold Prices

Land registry data shows two sales for WOODHEY 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 WOODHEY 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
2014 14 AUG	£675,000	£160,481	321% above HPI
2011 15 FEB	£310,000	£163,279	90% above HPI

WOODHEY 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 WOODHEY sales from February 2011 and August 2014 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 February 2011 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2014 sale, where it rises to 321% above the HPI. The line then continues to track at 321% above the HPI.

How Large is WOODHEY?

WOODHEY is 288m², which includes two extensions, according to the EPC inspection conducted in September 2013. 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 WOODHEY lies on this distribution: 98% of detached houses are smaller than WOODHEY, and 2% of houses are larger. Note that EPC data is not available for all properties in Durham.

WOODHEY: Plot and Title Map

WOODHEY sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of WOODHEY, 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 WOODHEY). 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 WOODHEY?

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