3, DENE TERRACE, WITTON GILBERT, DURHAM, DH7 6SS - £118,500

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.

3 DENE TERRACE is a very small terraced house of 73m², built sometime before 1900, which could now be worth an estimated £173,237. It was last sold for £118,500 in December 2016, which was around 53% above the average December 2016 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

3 DENE TERRACE Sold Prices

Land registry data shows four sales for 3 DENE TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Most of the four 3 DENE TERRACE 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
2016 9 DEC	£118,500	£77,665	53% above HPI
2010 26 NOV	£99,000	£83,696	18% above HPI
2002 26 JUL	£47,000	£39,710	18% above HPI
1998 22 JUL	£31,500	£31,806	1% below HPI

3 DENE TERRACE 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 four 3 DENE TERRACE sales between July 1998 and December 2016 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 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2016 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 3 DENE TERRACE be worth now?

3 DENE TERRACE might now be worth an estimated £173,237.

This is based on house price inflation of 46.2%, between December 2016 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 46.2% inflationary increase is applied to the most recent sale price for 3 DENE TERRACE of £118,500 on 9th December 2016. For the value to have increased from £118,500 to £173,237 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 DENE TERRACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2016 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 3 DENE TERRACE has not materially changed since December 2016.

How Large is 3 DENE TERRACE?

3 DENE TERRACE is 73m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of terraced houses houses in Witton Gilbert, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Witton Gilbert, and where 3 DENE TERRACE lies on this distribution: 11% of terraced houses houses are smaller than 3 DENE TERRACE, and 89% of houses are larger. Note that EPC data is not available for all properties in Witton Gilbert.

3 DENE TERRACE: Plot and Title Map

3 DENE TERRACE sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of 3 DENE 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 3 DENE 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 3 DENE TERRACE?

3 DENE TERRACE is located in WITTON GILBERT, in the DH7 postcode district. The below map shows the position of No. 3 on DENE TERRACE.