1, BEDE WAY, DURHAM, DH1 5JT - £274,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BEDE WAY is a small detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £391,523. It was last sold for £274,000 in April 2017, which was around 67% above the average April 2017 detached price in the County Durham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

1 BEDE WAY Sold Prices

Land registry data shows two sales for 1 BEDE WAY 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 1 BEDE WAY 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
2017 28 APR	£274,000	£164,007	67% above HPI
2007 20 JUL	£215,000	£192,828	11% above HPI

1 BEDE WAY 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 1 BEDE WAY sales from July 2007 and April 2017 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 July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 1 BEDE WAY be worth now?

1 BEDE WAY might now be worth an estimated £391,523.

This is based on house price inflation of 42.9%, between April 2017 and May 2026, 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 42.9% inflationary increase is applied to the most recent sale price for 1 BEDE WAY of £274,000 on 28th April 2017. For the value to have increased from £274,000 to £391,523 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 BEDE WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2017 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BEDE WAY has not materially changed since April 2017.

How Large is 1 BEDE WAY?

1 BEDE WAY is 102m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 1 BEDE WAY lies on this distribution: 24% of detached houses houses are smaller than 1 BEDE WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Durham.

1 BEDE WAY: Plot and Title Map

1 BEDE WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 BEDE WAY, 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 1 BEDE WAY). 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 1 BEDE WAY?

1 BEDE WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 1 on BEDE WAY.