215, GILESGATE, DURHAM, DH1 1QN - £458,000

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.

215 GILESGATE is a large extended terraced house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £528,544. It was last sold for £458,000 in May 2022, which was around 366% above the average May 2022 terraced price in the County Durham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

215 GILESGATE Sold Prices

Land registry data shows two sales for 215 GILESGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 215 GILESGATE 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
2022 23 MAY	£458,000	£98,386	366% above HPI
2007 9 JUL	£385,000	£95,740	302% above HPI

215 GILESGATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 215 GILESGATE sales from July 2007 and May 2022 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 302% above the HPI. So the extrapolation line tracks at 302% above the HPI over time, until the May 2022 sale, where it rises to 366% above the HPI. The line then continues to track at 366% above the HPI.

What might 215 GILESGATE be worth now?

215 GILESGATE might now be worth an estimated £528,544.

This is based on house price inflation of 15.4%, between May 2022 and May 2026, for terraced 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 15.4% inflationary increase is applied to the most recent sale price for 215 GILESGATE of £458,000 on 23rd May 2022. For the value to have increased from £458,000 to £528,544 over the four years to May 2026, the following assumptions must hold true:

• The value of 215 GILESGATE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2022 sale price of £458,000 represented a fair market value for the property.
• The size, condition, and specification of 215 GILESGATE has not materially changed since May 2022.

How Large is 215 GILESGATE?

215 GILESGATE is 151m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of terraced houses houses in Durham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Durham, and where 215 GILESGATE lies on this distribution: 68% of terraced houses houses are smaller than 215 GILESGATE, and 32% of houses are larger. Note that EPC data is not available for all properties in Durham.

215 GILESGATE: Plot and Title Map

215 GILESGATE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 215 GILESGATE, 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 215 GILESGATE). 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 215 GILESGATE?

215 GILESGATE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 215 on GILESGATE.