12, LUKE TERRACE, WHEATLEY HILL, DURHAM, DH6 3RX - £120,000

12 LUKE TERRACE is a very small detached house of 72m². It was last sold for £120,000 in November 2020, which was around 33% below the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

12 LUKE TERRACE Sold Prices

Land registry data shows two sales for 12 LUKE TERRACE 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 12 LUKE TERRACE sales were for below 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 16 NOV	£120,000	£179,153	33% below HPI
2015 11 DEC	£101,245	£159,972	37% below HPI

12 LUKE TERRACE 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 12 LUKE TERRACE sales from December 2015 and November 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 December 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 LUKE TERRACE?

12 LUKE TERRACE is 72m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Wheatley Hill, and where 12 LUKE TERRACE lies on this distribution: 8% of detached houses are smaller than 12 LUKE TERRACE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

12 LUKE TERRACE: Plot and Title Map

12 LUKE TERRACE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 12 LUKE TERRACE, 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 12 LUKE TERRACE). 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 12 LUKE TERRACE?

12 LUKE TERRACE is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 12 on LUKE TERRACE.