5, CHESTNUT DRIVE, HASWELL, DURHAM, DH6 2BE - £130,000

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.

5 CHESTNUT DRIVE is a small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £176,711. It was last sold for £130,000 in August 2019, which was around 26% below the average August 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was A.

5 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 5 CHESTNUT DRIVE 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 5 CHESTNUT DRIVE 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
2019 30 AUG	£130,000	£175,165	26% below HPI
2004 21 MAY	£123,000	£141,401	13% below HPI

5 CHESTNUT DRIVE 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 5 CHESTNUT DRIVE sales from May 2004 and August 2019 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 May 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 CHESTNUT DRIVE be worth now?

5 CHESTNUT DRIVE might now be worth an estimated £176,711.

This is based on house price inflation of 35.9%, between August 2019 and April 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 35.9% inflationary increase is applied to the most recent sale price for 5 CHESTNUT DRIVE of £130,000 on 30th August 2019. For the value to have increased from £130,000 to £176,711 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 5 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2019 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHESTNUT DRIVE has not materially changed since August 2019.

How Large is 5 CHESTNUT DRIVE?

5 CHESTNUT DRIVE is 95m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Haswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haswell, and where 5 CHESTNUT DRIVE lies on this distribution: 37% of detached houses houses are smaller than 5 CHESTNUT DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Haswell.

5 CHESTNUT DRIVE: Plot and Title Map

5 CHESTNUT DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 5 CHESTNUT DRIVE, 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 5 CHESTNUT DRIVE). 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 5 CHESTNUT DRIVE?

5 CHESTNUT DRIVE is located in HASWELL, in the DH6 postcode district. The below map shows the position of No. 5 on CHESTNUT DRIVE.