162, DURHAM DRIVE, JARROW, NE32 4SD - £120,000

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.

162 DURHAM DRIVE is a very small extended semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £156,758. It was last sold for £120,000 in March 2020, which was around 14% below the average March 2020 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

162 DURHAM DRIVE Sold Prices

Land registry data shows four sales for 162 DURHAM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. The four 162 DURHAM DRIVE sales were a mix of below the average price, and roughly equal to 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 18 MAR	£120,000	£139,395	14% below HPI
2017 20 DEC	£109,950	£136,576	19% below HPI
2017 13 DEC	£112,500	£136,576	18% below HPI
2009 9 OCT	£122,000	£122,481	Close to HPI

162 DURHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Tyneside local authority area over time, sourced from the HPI. The four 162 DURHAM DRIVE sales between October 2009 and March 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 162 DURHAM DRIVE be worth now?

162 DURHAM DRIVE might now be worth an estimated £156,758.

This is based on house price inflation of 30.6%, between March 2020 and February 2025, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 162 DURHAM DRIVE of £120,000 on 18th March 2020. For the value to have increased from £120,000 to £156,758 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 162 DURHAM DRIVE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The March 2020 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 162 DURHAM DRIVE has not materially changed since March 2020.

How Large is 162 DURHAM DRIVE?

162 DURHAM DRIVE is 71m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Jarrow, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Jarrow, and where 162 DURHAM DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 162 DURHAM DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Jarrow.

162 DURHAM DRIVE: Plot and Title Map

162 DURHAM DRIVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 162 DURHAM DRIVE, 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 162 DURHAM DRIVE). 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 162 DURHAM DRIVE?

162 DURHAM DRIVE is located in JARROW, in the NE32 postcode district. The below map shows the position of No. 162 on DURHAM DRIVE.