4, ELM STREET, LANGLEY PARK, DURHAM, DH7 9SU - £69,500

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.

4 ELM STREET is a very small terraced house of 63m², built sometime between 1930 and 1949, which could now be worth an estimated £96,918. It was last sold for £69,500 in February 2020, which was around 12% below the average February 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

4 ELM STREET Sold Prices

Land registry data shows five sales for 4 ELM STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the five 4 ELM STREET sales were 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
2020 17 FEB	£69,500	£79,320	12% below HPI
2007 23 NOV	£89,500	£97,559	8% below HPI
2007 9 MAR	£66,500	£91,577	27% below HPI
2006 13 OCT	£58,101	£91,419	36% below HPI
1997 29 SEP	£21,000	£31,872	34% below HPI

4 ELM STREET 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 five 4 ELM STREET sales between September 1997 and February 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 November 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 ELM STREET be worth now?

4 ELM STREET might now be worth an estimated £96,918.

This is based on house price inflation of 39.5%, between February 2020 and June 2025, 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 39.5% inflationary increase is applied to the most recent sale price for 4 ELM STREET of £69,500 on 17th February 2020. For the value to have increased from £69,500 to £96,918 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 4 ELM STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2020 sale price of £69,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ELM STREET has not materially changed since February 2020.

How Large is 4 ELM STREET?

4 ELM STREET is 63m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of terraced houses houses in Langley Park, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Langley Park, and where 4 ELM STREET lies on this distribution: 4% of terraced houses houses are smaller than 4 ELM STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Langley Park.

4 ELM STREET: Plot and Title Map

4 ELM STREET sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 4 ELM STREET, 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 4 ELM STREET). 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 4 ELM STREET?

4 ELM STREET is located in LANGLEY PARK, in the DH7 postcode district. The below map shows the position of No. 4 on ELM STREET.