69, THE OVAL, OUSTON, CHESTER LE STREET, DH2 1RN - £115,000

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.

69 THE OVAL is a very small terraced house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £168,843. It was last sold for £115,000 in April 2020, which was around 49% above the average April 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

69 THE OVAL Sold Prices

Land registry data shows two sales for 69 THE OVAL 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. One of the two 69 THE OVAL sales was for above the average price, whilst the other was 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 14 APR	£115,000	£77,333	49% above HPI
2011 28 NOV	£48,000	£79,544	40% below HPI

69 THE OVAL 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 69 THE OVAL sales from November 2011 and April 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 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 69 THE OVAL be worth now?

69 THE OVAL might now be worth an estimated £168,843.

This is based on house price inflation of 46.8%, between April 2020 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 46.8% inflationary increase is applied to the most recent sale price for 69 THE OVAL of £115,000 on 14th April 2020. For the value to have increased from £115,000 to £168,843 over the five years and eleven months to May 2026, the following assumptions must hold true:

• The value of 69 THE OVAL has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The April 2020 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 69 THE OVAL has not materially changed since April 2020.

How Large is 69 THE OVAL?

69 THE OVAL is 87m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of terraced houses houses in Ouston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ouston, and where 69 THE OVAL lies on this distribution: 19% of terraced houses houses are smaller than 69 THE OVAL, and 79% of houses are larger. Note that EPC data is not available for all properties in Ouston.

69 THE OVAL: Plot and Title Map

69 THE OVAL sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 69 THE OVAL, 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 69 THE OVAL). 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 69 THE OVAL?

69 THE OVAL is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 69 on THE OVAL.