2, HILL CREST, TOW LAW, BISHOP AUCKLAND, DL13 4DB - £187,500

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.

2 HILL CREST is a large detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £267,431. It was last sold for £187,500 in October 2015, which was around 13% above the average October 2015 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 HILL CREST Sold Prices

Land registry data shows two sales for 2 HILL CREST 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. One of the two 2 HILL CREST sales was for above the average price, whilst the other was 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
2015 1 OCT	£187,500	£165,578	13% above HPI
2013 22 NOV	£151,000	£160,249	6% below HPI

2 HILL CREST 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 2 HILL CREST sales from November 2013 and October 2015 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 November 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 HILL CREST be worth now?

2 HILL CREST might now be worth an estimated £267,431.

This is based on house price inflation of 42.6%, between October 2015 and February 2025, 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 42.6% inflationary increase is applied to the most recent sale price for 2 HILL CREST of £187,500 on 1st October 2015. For the value to have increased from £187,500 to £267,431 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HILL CREST has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2015 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HILL CREST has not materially changed since October 2015.

How Large is 2 HILL CREST?

2 HILL CREST is 108m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Tow Law, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tow Law, and where 2 HILL CREST lies on this distribution: 62% of detached houses houses are smaller than 2 HILL CREST, and 36% of houses are larger. Note that EPC data is not available for all properties in Tow Law.

2 HILL CREST: Plot and Title Map

2 HILL CREST sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 2 HILL CREST, 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 2 HILL CREST). 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 2 HILL CREST?

2 HILL CREST is located in TOW LAW, in the DL13 postcode district. The below map shows the position of No. 2 on HILL CREST.