42, NORTH ROAD WEST, WINGATE, TS28 5AP - £56,500

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.

42 NORTH ROAD WEST is a very small extended terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £61,250. It was last sold for £56,500 in July 2022, which was around 45% below the average July 2022 terraced price in the County Durham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

42 NORTH ROAD WEST Sold Prices

Land registry data shows three sales for 42 NORTH ROAD WEST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 42 NORTH ROAD WEST 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
2022 22 JUL	£56,500	£102,034	45% below HPI
2020 26 AUG	£28,500	£80,876	65% below HPI
2020 28 FEB	£19,000	£79,320	76% below HPI

42 NORTH ROAD WEST 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 three 42 NORTH ROAD WEST sales between February 2020 and July 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 August 2020 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the July 2022 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 42 NORTH ROAD WEST be worth now?

42 NORTH ROAD WEST might now be worth an estimated £61,250.

This is based on house price inflation of 8.4%, between July 2022 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 8.4% inflationary increase is applied to the most recent sale price for 42 NORTH ROAD WEST of £56,500 on 22nd July 2022. For the value to have increased from £56,500 to £61,250 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 42 NORTH ROAD WEST has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2022 sale price of £56,500 represented a fair market value for the property.
• The size, condition, and specification of 42 NORTH ROAD WEST has not materially changed since July 2022.

How Large is 42 NORTH ROAD WEST?

42 NORTH ROAD WEST is 58m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Wingate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wingate, and where 42 NORTH ROAD WEST lies on this distribution: 1% of terraced houses houses are smaller than 42 NORTH ROAD WEST, and 99% of houses are larger. Note that EPC data is not available for all properties in Wingate.

42 NORTH ROAD WEST: Plot and Title Map

42 NORTH ROAD WEST sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of 42 NORTH ROAD WEST, 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 42 NORTH ROAD WEST). 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 42 NORTH ROAD WEST?

42 NORTH ROAD WEST is located in WINGATE, in the TS28 postcode district. The below map shows the position of No. 42 on NORTH ROAD WEST.