20, HIGHCLIFFE EDGE, WINSTON, DARLINGTON, DL2 3RX - £292,000

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.

20 HIGHCLIFFE EDGE is a very small detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £415,841. It was last sold for £292,000 in July 2012, which was around 77% above the average July 2012 detached price in the County Durham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

20 HIGHCLIFFE EDGE Sold Prices

Land registry data shows two sales for 20 HIGHCLIFFE EDGE 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 20 HIGHCLIFFE EDGE 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
2012 20 JUL	£292,000	£164,560	77% above HPI
2002 17 DEC	£214,000	£104,830	104% above HPI

20 HIGHCLIFFE EDGE 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 20 HIGHCLIFFE EDGE sales from December 2002 and July 2012 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 2002 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the July 2012 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 20 HIGHCLIFFE EDGE be worth now?

20 HIGHCLIFFE EDGE might now be worth an estimated £415,841.

This is based on house price inflation of 42.4%, between July 2012 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 42.4% inflationary increase is applied to the most recent sale price for 20 HIGHCLIFFE EDGE of £292,000 on 20th July 2012. For the value to have increased from £292,000 to £415,841 over the fourteen years and two months to May 2026, the following assumptions must hold true:

• The value of 20 HIGHCLIFFE EDGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2012 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 20 HIGHCLIFFE EDGE has not materially changed since July 2012.

How Large is 20 HIGHCLIFFE EDGE?

20 HIGHCLIFFE EDGE is 126m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses houses in Winston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winston, and where 20 HIGHCLIFFE EDGE lies on this distribution: 19% of detached houses houses are smaller than 20 HIGHCLIFFE EDGE, and 78% of houses are larger. Note that EPC data is not available for all properties in Winston.

Where is 20 HIGHCLIFFE EDGE?

20 HIGHCLIFFE EDGE is located in WINSTON, in the DL2 postcode district. The below map shows the position of No. 20 on HIGHCLIFFE EDGE.